Overstock.com OSTK reported its Q3 earnings results on Thursday, October 27, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Overstock.com beat estimated earnings by 8.33%, reporting an EPS of $0.13 versus an estimate of $0.12.
Revenue was down $229.11 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 4.35% drop in the share price the next day.
Here's a look at Overstock.com's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.22 | 0.39 | 0.47 |
| EPS Actual | 0.19 | 0.21 | 0.36 | 0.54 |
| Revenue Estimate | 621.02M | 574.54M | 657.39M | 682.83M |
| Revenue Actual | 528.12M | 536.04M | 612.66M | 689.39M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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