Poshmark, Inc. Reports Third Quarter 2021 Financial Results

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Poshmark (POSH) PT Lowered to $28 at Stifel

November 10, 2021 6:52 AM EST

Stifel analyst Scott Devitt lowered the price target on Poshmark (NASDAQ: POSH) to $28.00 (from $48.00) while maintaining a Buy rating.

The analyst commented, "Poshmark reported disappointing 3Q results and guided 4Q revenue and adj. EBITDA below prior forecasts. Headwinds from IDFA impacted results to a... More

Poshmark Inc. (POSH) Misses Q3 EPS by 2c, Offers Guidance

November 9, 2021 4:13 PM EST

Poshmark Inc. (NASDAQ: POSH) reported Q3 EPS of ($0.09), $0.02 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $79.7 million versus the consensus estimate of $82.69 million.

GUIDANCE:

Poshmark Inc. sees Q4 2021 revenue of $80-82 million, versus the consensus of $85.1... More