Farfetch Announces Second Quarter 2021 Results
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Analysts Lower PTs on Farfetch (FTCH) Following Earnings, Still Well-Positioned Long-Term
August 20, 2021 10:15 AM EDTShares of Farfetch (NYSE: FTCH) are trading sharply lower this week to hit the lowest levels seen since May this year.
FTCH reported a Q2 loss of $0.17, better than the analyst estimate of a loss of $0.40. Revenue for the quarter came in at $523.3 million versus the consensus estimate of $495.11 million.
"Our strong performance in second quarter 2021 reflects powerful flywheel dynamics in play at full force. Our stronger Farfetch brand is drawing marketing partnerships and even greater supply from brands to drive... More
Farfetch Limited (FTCH) Tops Q2 EPS by 23c, Revenue Beats, Offers Guidance
August 19, 2021 4:08 PM EDTFarfetch Limited (NYSE: FTCH) reported Q2 EPS of ($0.17), $0.23 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $523.3 million versus the consensus estimate of $495.11 million.
Outlook:
The following forward-looking statements reflect Farfetchs expectations as of August 19, 2021.
For... More
