ThredUp Q3 2023 EPS $(0.17) Misses $(0.16) Estimate, Sales $82.05M Miss $82.83M Estimate
Portfolio Pulse from vinayak@benzinga.com
ThredUp (NASDAQ:TDUP) reported Q3 2023 earnings per share (EPS) of $(0.17), missing the analyst consensus estimate of $(0.16) by 6.25%. The company also reported quarterly sales of $82.05M, missing the estimate of $82.83M by 0.94%. However, both EPS and sales show an increase compared to the same period last year.
November 06, 2023 | 9:16 pm
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ThredUp's Q3 2023 earnings and sales missed estimates, but showed an increase compared to the same period last year. This could have a mixed impact on the stock.
ThredUp's earnings and sales missed estimates, which could negatively impact the stock. However, the YoY increase in both EPS and sales could be seen as a positive sign of growth, potentially offsetting the negative impact.
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IMPORTANCE 80
RELEVANCE 100