ThredUp (TDUP) Reports Q3 Loss, Tops Revenue Estimates
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ThredUp (TDUP) reported a Q3 loss of $0.22 per share, which was larger than the Zacks Consensus Estimate of a $0.15 loss. However, the company exceeded revenue expectations.
November 05, 2024 | 12:30 pm
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ThredUp reported a Q3 loss of $0.22 per share, missing the Zacks Consensus Estimate of a $0.15 loss. Despite the larger loss, the company exceeded revenue expectations.
The larger-than-expected loss per share is likely to negatively impact investor sentiment in the short term, despite the positive news of exceeding revenue expectations.
CONFIDENCE 90
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