ThredUp Q3 EPS $(0.17), Sales $82.05M Miss $82.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
ThredUp (NASDAQ:TDUP) reported Q3 losses of $(0.17) per share, missing the analyst consensus estimate of $(0.16) by 6.25 percent. This is a 29.17 percent increase over losses from the same period last year. The company also reported quarterly sales of $82.05 million, missing the analyst consensus estimate of $82.83 million by 0.94 percent, but marking a 20.76 percent increase over sales from the same period last year.
November 06, 2023 | 9:15 pm
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ThredUp's Q3 earnings missed analyst estimates, with losses per share and sales both falling short. However, both losses and sales improved compared to the same period last year.
ThredUp's Q3 earnings missed analyst estimates, which could negatively impact investor sentiment and the stock price in the short term. However, the YoY improvement in both losses and sales could mitigate this impact to some extent.
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