Upwork UPWK reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Upwork beat their estimated earnings by 300.0%, reporting an EPS of $0.04 versus an estimate of $0.01, which surprised analysts.
Revenue was up $31,393,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12, which was followed by a 9.99% drop in the share price the next day.
Here's a look at Upwork's past performance:
Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|
EPS Estimate | -0.09 | -0.04 | -0.05 | -0.08 |
EPS Actual | 0.03 | -0.06 | 0.01 | -0.02 |
Revenue Estimate | 120.24M | 108.65M | 97.34M | 90.44M |
Revenue Actual | 124.18M | 113.62M | 106.15M | 96.75M |
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Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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