ContextLogic (NASDAQ:WISH) reported its Q4 earnings results on Monday, March 4, 2024 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
ContextLogic missed estimated earnings by -6.0%, reporting an EPS of $-2.82 versus an estimate of $-2.66.
Revenue was down $70.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 25.0% increase in the share price the next day.
Here's a look at ContextLogic's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -3.31 | -3.74 | -3.80 | -5.4 |
| EPS Actual | -3.35 | -3.38 | -3.83 | -4.8 |
| Revenue Estimate | 57.35M | 94.25M | 115.88M | 152.02M |
| Revenue Actual | 60.00M | 78.00M | 96.00M | 123.00M |
To track all earnings releases for ContextLogic visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.