Farfetch Limited (NYSE:FTCH) is expected to report second quarter earnings results, after market close, on Thursday 13th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.35 per share.
Looking ahead, the full year loss are expected at $ 1.18 per share on the revenues of $ 1424.18 million.
Previous Quarter Performance
Farfetch Limited communicated loss for the first quarter of $ 0.24 per share, from the revenue of $ 331.44 million. The quarterly revenues gained 90.42 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.33 per share from $ 313.95 million in revenue. The bottom line results beat street analysts by $ 0.09 or 27.27 percent, at the same time, top line results outshined analysts by $ 17.49 million or 5.57 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of FTCH was $ 25.85, representing a 331.55 % increase from the 52 week low of $ 5.99 and a 8.5 % decrease over the 52 week high of $ 28.25.
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Recent Analyst recommendations
- On 26th June 2020, maintained by KeyBanc at Overweight rating, with $ 23.00 target price.
- On 26th June 2020, maintained by Wells Fargo & Co at Underweight rating, with $ 10.00 target price.
