ThredUp TDUP reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
ThredUp beat estimated earnings by 5.0%, reporting an EPS of $-0.19 versus an estimate of $-0.2.
Revenue was up $3.23 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 51.23% increase in the share price the next day.
Here’s a look at ThredUp’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | -0.22 | -0.20 | -0.20 |
| EPS Actual | -0.19 | -0.24 | -0.29 | -0.21 |
| Revenue Estimate | 63.03M | 65.22M | 76.14M | 71.29M |
| Revenue Actual | 71.32M | 67.94M | 76.42M | 72.69M |
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | -0.22 | -0.20 | -0.20 |
| EPS Actual | -0.19 | -0.24 | -0.29 | -0.21 |
| Revenue Estimate | 63.03M | 65.22M | 76.14M | 71.29M |
| Revenue Actual | 71.32M | 67.94M | 76.42M | 72.69M |
To track all earnings releases for ThredUp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.