Leaf Group Ltd. (NYSE:LEAF) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.11 per share.
For the full year, analysts predict revenues of $ 206.65 million, while looking forward to loss of $ 0.56 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 60.05 million ~ $ 60.05 million
Click Here For More Historical Outlooks Of Leaf Group Ltd.
Previous Quarter Performance
Leaf Group Ltd. disclosed income for the second quarter of $ 0.03 per share, from the revenue of $ 50.97 million. The quarterly revenues improved 42.41 percent compared with the same quarter last year. According to street consensus, LEAF was expected to report 2Q20 loss of $ 0.26 per share from revenue of $ 44.27 million. The bottom line results beat street analysts by $ 0.29 or 111.54 percent, at the same time, top line results outshined analysts by $ 6.70 million or 15.13 percent.
Stock Performance
Shares of Leaf Group Ltd. traded low $ -0.12 or -2.14 percent on Wednesday, reaching $ 5.50 with volume of 202.80 thousand shares. Leaf Group Ltd. has traded high as $ 5.72 and has cracked $ 5.25 on the downward trend
According to the previous trading day, closing price of $ 5.50, representing a 445.63 % increase from the 52 week low of $ 1.03 and a 24.56 % decrease over the 52 week high of $ 7.45.
The company has a market capital of $ 159.45 million and is part of the Technology sector and Internet Content & Information industry.
Conference Call
Leaf Group Ltd. will be hosting a conference call at 5:00 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.leafgroup.com
Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. It operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, a made-to-order home décor brand.
