Fiverr International (FVRR) to Release Quarterly Earnings on Thursday

Fiverr International (NYSE:FVRR) is set to release its earnings data 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 that are interested in participating in the company’s earnings conference call can do so using this link.

Fiverr International (NYSE:FVRR) last posted its earnings results on Thursday, February 22nd. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.04. The company had revenue of $91.50 million for the quarter, compared to analyst estimates of $97.00 million. Fiverr International had a return on equity of 3.71% and a net margin of 1.02%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.19) earnings per share. 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 Stock Up 1.0 %

NYSE:FVRR opened at $21.19 on Tuesday. The company’s 50 day moving average is $21.22 and its two-hundred day moving average is $24.11. The company has a market cap of $818.99 million, a PE ratio of 235.44 and a beta of 1.70. Fiverr International has a twelve month low of $18.83 and a twelve month high of $34.49. The company has a current ratio of 2.89, a quick ratio of 2.89 and a debt-to-equity ratio of 1.30.

Analyst Ratings Changes

A number of research firms have weighed in on FVRR. Royal Bank of Canada cut their price objective on shares of Fiverr International from $30.00 to $26.00 and set a “sector perform” rating for the company in a report on Friday, February 23rd. Citigroup lowered their price target on Fiverr International from $37.00 to $32.00 and set a “buy” rating on the stock in a research report on Friday, February 23rd. Needham & Company LLC reissued a “buy” rating and issued a $40.00 price objective on shares of Fiverr International in a report on Thursday, February 22nd. Piper Sandler downgraded shares of Fiverr International from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $30.00 to $25.00 in a report on Thursday, February 22nd. Finally, JMP Securities reissued a “market outperform” rating and set a $40.00 target price on shares of Fiverr International in a research note on Tuesday, January 30th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Fiverr International currently 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.