Overstock.com: Q3 Earnings Insights

Overstock.com: Q3 Earnings Insights

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.

Posted In: BZI-RecapsEarnings