Fiverr International (FVRR) Set to Announce Earnings on Wednesday

Fiverr International (NYSE:FVRR) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, October 30th. Analysts expect Fiverr International to post earnings of $0.62 per share for the quarter. Fiverr International has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Fiverr International (NYSE:FVRR) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Fiverr International had a return on equity of 5.67% and a net margin of 3.17%. The business had revenue of $94.66 million for the quarter, compared to analysts’ expectations of $94.69 million. On average, analysts expect Fiverr International to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fiverr International Trading Down 1.5 %

Shares of Fiverr International stock opened at $21.53 on Wednesday. Fiverr International has a 52-week low of $18.83 and a 52-week high of $31.61. The stock’s 50-day simple moving average is $24.56 and its 200 day simple moving average is $23.45. The stock has a market capitalization of $832.22 million, a P/E ratio of 97.86 and a beta of 1.71. The company has a debt-to-equity ratio of 1.44, a quick ratio of 3.17 and a current ratio of 3.17.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on FVRR shares. Roth Mkm restated a “buy” rating and issued a $32.00 price objective (up from $30.00) on shares of Fiverr International in a research note on Thursday, August 1st. The Goldman Sachs Group lowered their price objective on Fiverr International from $44.00 to $39.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. UBS Group cut Fiverr International from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $37.00 to $25.00 in a research note on Tuesday, July 2nd. Finally, Needham & Company LLC restated a “buy” rating and issued a $36.00 price objective on shares of Fiverr International in a research note on Wednesday, July 31st. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $31.30.

About Fiverr International

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.