Overstock.com: Q2 Earnings Insights

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.

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.

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.