Overstock.com, Inc. (NASDAQ:OSTK) is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.23 per share.
Looking ahead, the full year income are expected at $ 0.03 per share on the revenues of $ 2284.54 million.
Previous Quarter Performance
Overstock.com, Inc. posted income for the second quarter of $ 0.72 per share, from the revenue of $ 782.54 million. Wall street analysts are predicting, OSTK to report 2Q20 loss of $ 0.08 per share from revenue of $ 597.60 million. The top line results outshined analysts by $ 184.94 million or 30.95 percent.
Stock Performance
Shares of Overstock.com, Inc. traded low $ -0.35 or -0.48 percent on Wednesday, reaching $ 71.98 with volume of 3.19 million shares. Overstock.com, Inc. has traded high as $ 73.37 and has cracked $ 68.40 on the downward trend
According to the previous trading day, closing price of $ 71.98, representing a 2,758.89 % increase from the 52 week low of $ 2.53 and a 43.71 % decrease over the 52 week high of $ 128.50.
The company has a market capital of $ 3.08 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Overstock.com, Inc. will be hosting a conference call at 8:30 AM 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.overstock.com
Overstock.com, Inc. operates as an online retailer in the United States and internationally. It operates through Retail and tZERO segments.
