thredUP Announces Third Quarter 2022 Results

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Go back to thredUP Announces Third Quarter 2022 Results

ThredUp Inc. (TDUP) PT Lowered to $5 at Needham & Company

November 15, 2022 6:35 AM EST

Needham & Company analyst Anna Andreeva lowered the price target on ThredUp Inc. (NASDAQ: TDUP) to $5.00 (from $10.00) while maintaining a Buy rating following earnings.

The analyst commented, "Historically TDUP's 4Q is more front-ended (self purchase vs. gift giving), and October took a step down... More

ThredUp (TDUP) Misses Q3 EPS by 4c

November 14, 2022 4:25 PM EST

ThredUp (NASDAQ: TDUP) reported Q3 EPS of ($0.24), $0.04 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $67.9 million versus the consensus estimate of $65.15 million.

GUIDANCE:

ThredUp sees Q4 2022 revenue of $62-64 million, versus the consensus of $71.2... More