ThredUp Q2 EPS $(0.18) Beats $(0.23) Estimate, Sales $82.66M Beat $81.14M Estimate
Portfolio Pulse from totan@benzinga.com
ThredUp (NASDAQ:TDUP) reported Q2 earnings per share of $(0.18), beating the analyst consensus estimate of $(0.23) by 21.74%. This is a 37.93% increase over losses from the same period last year. The company also reported quarterly sales of $82.66 million, beating the analyst consensus estimate of $81.14 million by 1.87%. This is an 8.16% increase over sales from the same period last year.
August 08, 2023 | 8:34 pm
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POSITIVE IMPACT
ThredUp's Q2 earnings and sales beat analyst estimates, indicating a positive financial performance.
ThredUp's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100