Recap: Farfetch Q1 Earnings

Farfetch FTCH reported its Q1 earnings results on Thursday, May 18, 2023 at 04:06 PM.

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

Farfetch beat estimated earnings by 61.9%, reporting an EPS of $-0.16 versus an estimate of $-0.42.

Revenue was up $41.59 million from the same period last year.

Last quarter the company beat on EPS by $0.22 which was followed by a 11.31% increase in the share price the next day.

Here's a look at Farfetch's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.47	-0.27	-0.31	-0.28
EPS Actual	-0.25	-0.24	-0.21	-0.24
Revenue Estimate	624.24M	598.26M	548.03M	560.27M
Revenue Actual	629.17M	593.36M	579.35M	514.80M

To track all earnings releases for Farfetch visit their earnings calendar here.

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