• Tue. Dec 6th, 2022

Overstock.com: Q2 Earnings Insights – Benzinga

ByBenzinga Insights

Jul 28, 2022
Overstock.com: Q2 Earnings Insights - Benzinga

 

Overstock.com OSTK reported its Q2 earnings results on Thursday, July 28, 2022 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Overstock.com missed estimated earnings by 47.22%, reporting an EPS of $0.19 versus an estimate of $0.36.

Revenue was down $266.41 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 3.97% increase in the share price the next day.

Here’s a look at Overstock.com’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.22 0.39 0.47 0.62
EPS Actual 0.21 0.36 0.54 0.73
Revenue Estimate 574.54M 657.39M 682.83M 767.35M
Revenue Actual 536.04M 612.66M 689.39M 794.54M

To track all earnings releases for Overstock.com visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.