ThredUp Q4 2023 GAAP EPS $(0.140) Misses $(0.120) Estimate, Sales $81.393M Beat $80.329M Estimate
Portfolio Pulse from Benzinga Newsdesk
ThredUp (NASDAQ:TDUP) reported Q4 2023 earnings with a GAAP EPS of $(0.140), missing the $(0.120) estimate, but sales of $81.393M exceeded the $80.329M estimate, marking a 14.13% increase from the previous year.
March 04, 2024 | 10:06 pm
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ThredUp reported a Q4 2023 GAAP EPS of $(0.140), missing estimates, but exceeded sales expectations with $81.393M, a 14.13% increase from last year.
While ThredUp missed EPS estimates, the beat on sales and year-over-year growth could offset negative sentiment. The mixed results present a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100