Fiverr International (FVRR) Scheduled to Post Earnings on Thursday

Fiverr International (NYSE:FVRR) will be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Fiverr International to post earnings of $0.52 per share for the quarter. Fiverr International has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Fiverr International (NYSE:FVRR) last released its earnings results on Thursday, February 22nd. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.52 by $0.04. The firm had revenue of $91.50 million for the quarter, compared to analysts’ expectations of $97.00 million. Fiverr International had a return on equity of 3.71% and a net margin of 1.02%. During the same quarter in the previous year, the business posted ($0.19) EPS. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. 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 Price Performance

NYSE FVRR opened at $20.95 on Wednesday. The firm’s 50 day moving average is $21.17 and its 200-day moving average is $24.10. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $809.52 million, a PE ratio of 232.72 and a beta of 1.70. Fiverr International has a 12-month low of $18.83 and a 12-month high of $34.49.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Citigroup cut their price target on shares of Fiverr International from $37.00 to $32.00 and set a “buy” rating on the stock in a research report on Friday, February 23rd. Royal Bank of Canada decreased their price target on Fiverr International from $30.00 to $26.00 and set a “sector perform” rating for the company in a research note on Friday, February 23rd. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price objective on shares of Fiverr International in a research note on Thursday, February 22nd. JPMorgan Chase & Co. cut their price objective on Fiverr International from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Friday, February 23rd. Finally, BTIG Research lowered their target price on shares of Fiverr International from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday, April 18th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Fiverr International presently has an average rating of “Moderate Buy” and a consensus target price of $34.36.

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.