Kidpik: Q1 Earnings Insights

Kidpik (NASDAQ:PIK) reported its Q1 earnings results on Tuesday, May 16, 2023 at 04:05 PM. Here’s what investors…

Kidpik (NASDAQ:PIK) reported its Q1 earnings results on Tuesday, May 16, 2023 at 04:05 PM.

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

Earnings

Kidpik missed estimated earnings by 19.05%, reporting an EPS of $-0.25 versus an estimate of $-0.21.

Revenue was down $297 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 0.98% increase in the share price the next day.

Here’s a look at Kidpik’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.32 -0.19 -0.29 -0.31
EPS Actual -0.23 -0.32 -0.21 -0.24
Revenue Estimate 3.70M 3.84M 4.00M 4.70M
Revenue Actual 4.74M 3.63M 3.77M 4.33M

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

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

Total
0
Shares
Related Posts
Read More

S&P 500 Settles Lower But Records Weekly Gain, Market Volatility Decreases

The S&P 500 closed lower on Friday following the release of mixed economic reports. All three major stock indices, however, recorded gains last week. Retail sales in the U.S. dropped 1% month-over-month in March versus a revised 0.2% decline in February. The University of Michigan consumer sentiment rose to 63.5 in April from 62 in the prior month.

BAC