* Skillz Inc reported a quarterly adjusted loss of $1.04 per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-6.80. The mean expectation of four analysts for the quarter was for a loss of $1.39 per share. Wall Street expected results to range from $-1.56 to $-1.17 per share.
* Revenue fell 37.8% to $29.14 million from a year ago; analysts expected $37.58 million.
* Skillz Inc's reported EPS for the quarter was a loss of $1.04.
* The company reported a quarterly loss of $20.85 million.
* Skillz Inc shares had risen by 14.1% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 4.1% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* Wall Street's median 12-month price target for Skillz Inc is $10.50
This summary was machine generated from LSEG data March 14 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 -1.39 -1.04 Beat
Sep. 30 2023 -1.41 -1.57 Missed
Jun. 30 2023 -1.26 -1.77 Missed
Mar. 31 2023 -1.37 -1.70 Missed
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