Nerdy NRDY is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Nerdy will report an earnings per share (EPS) of $-0.24.
The market awaits Nerdy's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
The company's EPS beat by $0.03 in the last quarter, leading to a 48.06% drop in the share price on the following day.
Here's a look at Nerdy's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.11 | -0.12 | -0.21 |
| EPS Actual | -0.08 | -0.07 | 0.02 | -0.09 |
| Price Change % | -48.0% | -9.0% | -18.0% | -18.0% |
Nerdy Share Price Analysis
Shares of Nerdy were trading at $0.9142 as of November 05. Over the last 52-week period, shares are down 64.06%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Nerdy visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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