1stdibs.Com (DIBS) to Release Earnings on Wednesday

1stdibs.Com (NASDAQ:DIBS) will be releasing its earnings data before the market opens on Wednesday, May 8th. Analysts expect 1stdibs.Com to post earnings of ($0.09) per share for the quarter. 1stdibs.Com has set its Q1 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.03. 1stdibs.Com had a negative return on equity of 16.46% and a negative net margin of 26.80%. The firm had revenue of $20.92 million during the quarter, compared to analyst estimates of $19.77 million. On average, analysts expect 1stdibs.Com to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

1stdibs.Com Stock Performance

Shares of NASDAQ:DIBS opened at $5.74 on Monday. The company’s fifty day moving average is $5.61 and its 200-day moving average is $4.90. 1stdibs.Com has a 52 week low of $3.44 and a 52 week high of $6.30. The company has a market capitalization of $228.28 million, a PE ratio of -10.07 and a beta of 1.04.

Insider Buying and Selling at 1stdibs.Com

In other news, CFO Thomas J. Etergino sold 4,500 shares of the stock in a transaction on Monday, April 8th. The stock was sold at an average price of $5.91, for a total transaction of $26,595.00. Following the sale, the chief financial officer now owns 95,220 shares in the company, valued at $562,750.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other 1stdibs.Com news, major shareholder Insight Holdings Group, Llc sold 30,059 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $6.14, for a total value of $184,562.26. Following the transaction, the insider now directly owns 56,508 shares in the company, valued at approximately $346,959.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Thomas J. Etergino sold 4,500 shares of the business’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $5.91, for a total value of $26,595.00. Following the sale, the chief financial officer now owns 95,220 shares of the company’s stock, valued at approximately $562,750.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 301,878 shares of company stock worth $1,745,182. 19.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI raised shares of 1stdibs.Com from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $6.00 to $8.00 in a research note on Monday, March 18th.

About 1stdibs.Com

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.