Farfetch Announces Third Quarter 2021 Results
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Farfetch (FTCH) PT Lowered to $42 at Cowen
November 19, 2021 7:56 AM ESTCowen analyst Oliver Chen lowered the price target on Farfetch (NYSE: FTCH) to $42.00 (from $50.00) while maintaining an Outperform rating.
The analyst commented, "Missed expectations for 3Q21 EPS and lowered FY21 guidance. We believe FTCH is better positioned vs. peers in terms of its... More
Farfetch Limited (FTCH) Stock Plunges 23% Following Q3 Results
November 18, 2021 5:26 PM ESTFarfetch Limited (NYSE: FTCH) shares dropped more than 23% after-hours following the companys reported Q3 results, with EPS coming in at ($0.17), better than the consensus estimate of ($0.36). Quarterly revenue grew 33% year-over-year to $583 million, compared to the consensus estimate of $591.34 million.
GMV increased by 27.5% year-over-year to... More
Farfetch Limited (FTCH) Tops Q3 EPS by 19c
November 18, 2021 4:08 PM ESTFarfetch Limited (NYSE: FTCH) reported Q3 EPS of ($0.17), $0.19 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $583 million versus the consensus estimate of $591.34 million.
Digital Platform Gross Merchandise Value (GMV) two-year growth accelerates to 97% in Q3 2021; Generates $828 million Digital Platform GMV, up... More