Farfetch (NYSE:FTCH) reported its Q1 earnings results on Thursday, May 18, 2023 at 04:06 PM.
Here’s what investors need to know about the announcement.
Earnings
Farfetch beat estimated earnings by 61.9%, reporting an EPS of $-0.16 versus an estimate of $-0.42.
Revenue was up $41.59 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 11.31% increase in the share price the next day.
Here’s a look at Farfetch’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.47 | -0.27 | -0.31 | -0.28 |
| EPS Actual | -0.25 | -0.24 | -0.21 | -0.24 |
| Revenue Estimate | 624.24M | 598.26M | 548.03M | 560.27M |
| Revenue Actual | 629.17M | 593.36M | 579.35M | 514.80M |
To track all earnings releases for Farfetch visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
