1stdibs.Com (DIBS) to Release Earnings on Wednesday

1stdibs.Com (NASDAQ:DIBS) will be releasing its earnings data before the market opens on Wednesday, May 8th. Analysts expect 1stdibs.Com to post earnings of ($0.09) per share for the quarter. 1stdibs.Com has set its Q1 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

1stdibs.Com (NASDAQ:DIBS) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.03. The firm had revenue of $20.92 million for the quarter, compared to the consensus estimate of $19.77 million. 1stdibs.Com had a negative net margin of 26.80% and a negative return on equity of 16.46%. On average, analysts expect 1stdibs.Com to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

1stdibs.Com Trading Down 1.7 %

1stdibs.Com stock opened at $5.64 on Tuesday. The firm has a market capitalization of $224.30 million, a PE ratio of -9.89 and a beta of 1.04. 1stdibs.Com has a 1-year low of $3.44 and a 1-year high of $6.30. The firm’s 50 day simple moving average is $5.61 and its 200 day simple moving average is $4.90.

Insider Buying and Selling at 1stdibs.Com

In other news, CFO Thomas J. Etergino sold 4,500 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $5.91, for a total value of $26,595.00. Following the completion of the transaction, the chief financial officer now directly owns 95,220 shares in the company, valued at approximately $562,750.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other 1stdibs.Com news, major shareholder Insight Holdings Group, Llc sold 17,710 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $6.02, for a total value of $106,614.20. Following the completion of the sale, the insider now directly owns 56,112 shares of the company’s stock, valued at $337,794.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Thomas J. Etergino sold 4,500 shares of the firm’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $5.91, for a total value of $26,595.00. Following the transaction, the chief financial officer now directly owns 95,220 shares in the company, valued at $562,750.20. The disclosure for this sale can be found here. Insiders have sold 301,878 shares of company stock worth $1,745,182 over the last 90 days. Corporate insiders own 19.60% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Evercore ISI upgraded shares of 1stdibs.Com from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $6.00 to $8.00 in a research report on Monday, March 18th.

1stdibs.Com Company Profile

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.