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Allbirds: Q4 Earnings Insights

Author: Benzinga Insights | March 12, 2024 04:20pm

Allbirds (NASDAQ:BIRD) reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Allbirds missed estimated earnings by -61.0%, reporting an EPS of $-0.37 versus an estimate of $-0.23.

Revenue was down $12.19 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 24.0% drop in the share price the next day.

Here's a look at Allbirds's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.22 -0.22 -0.24 -0.12
EPS Actual -0.21 -0.19 -0.21 -0.17
Revenue Estimate 59.40M 66.81M 47.94M 96.80M
Revenue Actual 57.24M 70.48M 54.35M 84.18M

To track all earnings releases for Allbirds visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BIRD

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