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On Thursday, May 9, Overstock.com (NASDAQ:OSTK) will release its latest earnings report. Benzinga's outlook for Overstock is included in the following report.
Earnings and Revenue
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Wall Street analysts see Overstock reporting a loss of 93 cents per share on revenue of $360.91 million.
Overstock reported a loss of $1.74 when it published results during the same quarter last year. Sales in that period totaled $445.33 million. Sales would have fallen 18.96 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | -0.91 | -0.8 | -0.82 | -0.91 | -0.03 |
| EPS Actual | -1.02 | -1.55 | -2.2 | -1.74 | -0.47 |
Stock Performance
Over the past 52-week period, shares of Overstock.com have declined 66.69 percent. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Overstock stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.