Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright © FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.Stocks: Real-time U.S. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Highland acquired 10,714 shares during Q4. Highland Management Partners: 7.63 million shares.Goldman acquired 59,043 shares during Q4. Goldman Sachs (NYSE: GS): 7.87 million shares.Reinhart’s stake is accurate as of Q4, and he last reported acquiring 1.13 million shares. CEO James Reinhart: 7.92 million shares.Capital World acquired 1.91 million shares during Q4. Capital World Investors: 8.06 million shares.Trinity disclosed its entire position during Q4. With that in mind, let’s take a look at the largest shareholders of ThredUp: That’s equivalent to about 84,500 put options and 35,300 call options, implying a bearish options stance. The institutional put/call ratio for TDUP currently sits at 2.39, up from 0.3. On the other hand, total 13F ownership increased to 59.72 million shares, up from 57.52 million shares quarter-over-quarter. During Q4, 81 13F filers disclosed a stake in TDUP, a large decline of 28 filers compared to the prior quarter. Tracking institutional ownership is important, as these large investors provide liquidity and support for stocks. Gross margin is expected to be between 66% and 68% during the year, while adjusted earnings before interest, taxes, deductions, and amortizations (EBITDA) loss margin is forecasted to be between 6% to 8%. On top of that, it also opened a new distribution center last December that will increase overall network storage capacity by 150% at total capacity.įor guidance, the company expects 2023 revenue of between $310 and $320 million, while analysts predict $302.2 million. Meanwhile, ThredUp ended the year with 42 client brands for its resale-as-a-service (RaaS) strategy and expects to launch new collaborations with brands like J. “We think those dynamics are largely behind us and we see an opportunity to earn more wallet share in the year ahead.” “Many of our customers pulled back on overall spend or were able to shop new apparel at bargain prices last year,” said CEO James Reinhart. This was ThredUp’s first EPS beat over the last four quarters. Furthermore, earnings per share ( EPS) for the fourth quarter was a loss of 19 cents, while Zacks expected a loss of 20 cents. For 2022, revenue totaled $288.4 million, up 15% from a year ago. For Q4, revenue tallied in at $71.3 million, which fell 2% year-over-year (YOY) but still beat the Zacks Consensus Estimate by 13.10%. ThredUp (NASDAQ: TDUP) stock is up by over 50% after the online clothing resale company reported its fourth quarter and full-year 2022 earnings.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |