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