-$0.21 Earnings Per Share Expected for Fiverr International Ltd. (NYSE:FVRR) This Quarter
Wall Street brokerages expect Fiverr International Ltd. (NYSE:FVRR) to report ($0.21) earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have made estimates for Fiverr International’s earnings. The lowest EPS estimate is ($0.29) and the highest is ($0.16). The firm is scheduled to announce its next earnings results on Thursday, November 14th.
According to Zacks, analysts expect that Fiverr International will report full year earnings of ($0.91) per share for the current year, with EPS estimates ranging from ($1.37) to ($0.62). For the next year, analysts anticipate that the firm will report earnings of ($0.74) per share, with EPS estimates ranging from ($1.15) to ($0.44). Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Fiverr International.
Fiverr International (NYSE:FVRR) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.46) by $0.27. The company had revenue of $25.91 million during the quarter, compared to analysts’ expectations of $24.09 million. The company’s quarterly revenue was up 40.8% on a year-over-year basis.
FVRR stock traded up $0.16 during mid-day trading on Friday, hitting $19.40. The company had a trading volume of 149,098 shares, compared to its average volume of 604,648. Fiverr International has a 12-month low of $18.90 and a 12-month high of $44.25. The firm’s 50-day moving average price is $23.26.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. UBS Oconnor LLC purchased a new stake in shares of Fiverr International during the 2nd quarter valued at about $1,354,000. Marshall Wace North America L.P. purchased a new stake in shares of Fiverr International during the 2nd quarter valued at about $668,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Fiverr International during the 2nd quarter valued at about $313,000. Hedge funds and other institutional investors own 24.56% of the company’s stock.
Fiverr International Company Profile
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes approximately 200 categories in 8 verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, and lifestyle.
Further Reading: Rule of 72
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