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Fiverr Slips 1.15% as Investors Look Ahead to Earnings
The freelance-services marketplace fell more than the S&P 500, with its next earnings report scheduled for October 29.
Key takeaways
- Fiverr fell 1.15% to $8.62, while the S&P 500 lost 0.06%.
- Zacks consensus estimates call for lower quarterly revenue and earnings year over year.
Fiverr International shares closed at $8.62, down 1.15% in the session. The S&P 500 fell 0.06%, while the Dow rose 0.38% and the Nasdaq lost 0.44%.
The stock declined 3.43% over the past month, while the Retail-Wholesale sector gained 1.66% and the S&P 500 rose 2.36%.
Fiverr is scheduled to report earnings on October 29. Zacks consensus estimates forecast quarterly earnings of $0.36 per share and revenue of $84.48 million, down 53.25% and 21.71%, respectively, from the same quarter a year earlier.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
