Zacks: Brokerages Expect Fiverr International Ltd. (NYSE:FVRR) Will Post Earnings of -$0.21 Per Share
Equities research analysts predict that Fiverr International Ltd. (NYSE:FVRR) will announce ($0.21) earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Fiverr International’s earnings, with the highest EPS estimate coming in at ($0.16) and the lowest estimate coming in at ($0.29). The business is scheduled to issue its next quarterly earnings results on Thursday, November 14th.
According to Zacks, analysts expect that Fiverr International will report full year earnings of ($0.91) per share for the current year, with EPS estimates ranging from ($1.37) to ($0.62). For the next year, analysts forecast that the business will post earnings of ($0.74) per share, with EPS estimates ranging from ($1.15) to ($0.44). Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that follow Fiverr International.
Fiverr International (NYSE:FVRR) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.19) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.46) by $0.27. The company had revenue of $25.91 million during the quarter, compared to analysts’ expectations of $24.09 million. The firm’s quarterly revenue was up 40.8% on a year-over-year basis.
Several institutional investors and hedge funds have recently bought and sold shares of the company. UBS Oconnor LLC purchased a new position in shares of Fiverr International during the second quarter valued at approximately $1,354,000. Marshall Wace North America L.P. purchased a new position in shares of Fiverr International during the second quarter valued at approximately $668,000. Finally, SG Americas Securities LLC purchased a new position in shares of Fiverr International during the second quarter valued at approximately $313,000. 4.34% of the stock is currently owned by hedge funds and other institutional investors.
Fiverr International stock traded up $1.01 during trading hours on Friday, reaching $24.28. The company had a trading volume of 156,824 shares, compared to its average volume of 730,630. Fiverr International has a 12-month low of $21.00 and a 12-month high of $44.25.
Fiverr International Company Profile
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes approximately 200 categories in 8 verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, and lifestyle.
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