ThredUp Q2 2024 GAAP EPS $(0.13) Misses $(0.11) Estimate, Sales $79.755M Miss $82.480M Estimate
Portfolio Pulse from Benzinga Newsdesk
ThredUp (NASDAQ:TDUP) reported Q2 2024 GAAP EPS of $(0.13), missing the $(0.11) estimate. Sales were $79.755M, missing the $82.480M estimate and down 3.51% YoY.

August 05, 2024 | 8:37 pm
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ThredUp reported Q2 2024 GAAP EPS of $(0.13), missing the $(0.11) estimate by 18.18%. Sales were $79.755M, missing the $82.480M estimate by 3.30% and down 3.51% YoY.
ThredUp's earnings and sales both missed analyst estimates, indicating weaker-than-expected performance. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100