ContextLogic WISH reported its Q1 earnings results on Thursday, May 4, 2023 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
ContextLogic missed estimated earnings by 0.79%, reporting an EPS of $-3.83 versus an estimate of $-3.8.
Revenue was down $93.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.6 which was followed by a 28.7% drop in the share price the next day.
Here's a look at ContextLogic's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -5.4 | -6 | -4.8 | -4.2 |
| EPS Actual | -4.8 | -5.4 | -3.9 | -1.8 |
| Revenue Estimate | 152.02M | 155.99M | 164.40M | 212.19M |
| Revenue Actual | 123.00M | 125.00M | 134.00M | 189.00M |
To track all earnings releases for ContextLogic 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.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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