Allbirds Reports Second Quarter 2022 Financial Results

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Go back to Allbirds Reports Second Quarter 2022 Financial Results

Allbirds (BIRD) Downgraded on Macroeconomic Deterioration

August 10, 2022 12:53 PM EDT

Despite a 4% climb in its share price Wednesday, Allbirds, Inc. (NASDAQ: BIRD) stock was downgraded to Equal-Weight with a $5 per share price target by Morgan Stanley analyst Alex Straton.

Straton said in a research note that macroeconomic deterioration, slower sales growth, and a potentially longer... More

Allbirds, Inc. (BIRD) Tops Q2 EPS by 4c

August 8, 2022 4:26 PM EDT

Allbirds, Inc. (NASDAQ: BIRD) reported Q2 EPS of ($0.12), $0.04 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $78.2 million versus the consensus estimate of $77.8 million.

GUIDANCE:

Allbirds, Inc. sees FY2022 revenue of $305-315 million, versus the consensus of... More