Skillz Inc expected to post a loss of $1.11 a share - Earnings Preview

Reuters11-06

* Skillz Inc is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Las Vegas Nevada-based company is expected to report a 26.8% decrease in revenue to $26.658 million from $36.43 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Skillz Inc is for a loss of $1.11 per share.

* 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."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Skillz Inc is $7.00​, above​ its last closing price of $5.68. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -1.33 -1.36 -1.10 Beat 19.3

Mar. 31 2024 -1.23 -1.23 -1.45 Missed -17.4

Dec. 31 2023 -1.32 -1.39 -1.04 Beat 25.4​

Sep. 30 2023 -1.38 -1.41 -1.57 Missed -11.1

​​Jun. -1.28 -1.26 -1.77 Missed -40.8

30 2023

Mar. 31 2023 -1.37 -1.37 -1.70 Missed -24.1​

Dec. 31 2022 -2.42 -2.46 -6.80 Missed -176.8

Sep. 30 2022 -2.60 -2.68 -1.40 Beat 47.8

This summary was machine generated November 6 at 05:03 GMT. 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)

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