Poshmark Inc. (POSH) Misses Q4 EPS by 1c; Offers Q1 Revenue Guidance

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Poshmark (POSH) PT Lowered to $16 at Goldman Sachs

March 23, 2022 6:17 AM EDT

Goldman Sachs analyst Michael Ng lowered the price target on Poshmark (NASDAQ: POSH) to $16.00 (from $24.00) while maintaining a Neutral rating.

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Poshmark (POSH) PT Lowered to $19 at Stifel

March 23, 2022 6:15 AM EDT

Stifel analyst Scott Devitt lowered the price target on Poshmark (NASDAQ: POSH) to $19.00 (from $23.00) while maintaining a Buy rating following results.

The analyst commented, "Poshmark reported better than expected 4Q:21 results ahead of expectations and guidance, though guided 1Q:22 revenue and adj.... More

Poshmark (POSH) Shares Down 6% on Q4 EPS Miss and Worse Than Expected Outlook

March 22, 2022 4:28 PM EDT

Poshmark Inc. (NASDAQ: POSH) shares were trading more than 6% lower after-hours following the companys Q4 results, with EPS of ($0.19) coming in worse than the consensus estimate of ($0.18).

Revenue grew 22% year-over-year to $84.2 million, compared to the consensus estimate of $80.59 million. Gross Merchandise Value (GMV) increased 27%... More