Nextdoor Holdings: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Nextdoor Holdings (NYSE:KIND) reported its Q4 earnings, missing estimated earnings by 0.0% with an EPS of $-0.1. Revenue increased by $2.29 million from the previous year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 17.0% drop in share price.
February 27, 2024 | 9:55 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Nextdoor Holdings reported Q4 earnings with an EPS of $-0.1, matching estimates but showing no improvement. Revenue increased by $2.29 million YoY. Historical performance indicates potential volatility in share price following earnings reports.
Nextdoor Holdings' Q4 earnings report shows a consistent pattern of meeting or missing EPS estimates without significant improvement, which historically led to a significant drop in share price. The slight increase in revenue may not be sufficient to counteract the negative sentiment around consistent earnings misses. However, the exact impact on the stock price in the short term is uncertain, hence a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100