Allbirds: Q3 Earnings Insights

Allbirds BIRD reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:15 PM.

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

Earnings

Allbirds beat estimated earnings by 4.55%, reporting an EPS of $-0.21 versus an estimate of $-0.22.

Revenue was down $15.41 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 29.69% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.22 -0.24 -0.12 -0.17
EPS Actual -0.19 -0.21 -0.17 -0.15
Revenue Estimate 66.81M 47.94M 96.80M 67.78M
Revenue Actual 70.48M 54.35M 84.18M 72.65M

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

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

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Posted In: EarningsBZI-Recaps
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