For the quarter ended September 2024, Allbirds, Inc. (BIRD) reported revenue of $43 million, down 24.9% over the same period last year. EPS came in at -$2.68, compared to -$4.20 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $42.11 million, representing a surprise of +2.10%. The company delivered an EPS surprise of +14.38%, with the consensus EPS estimate being -$3.13.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Allbirds, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Stores: 34 compared to the 41 average estimate based on two analysts.
- Net Revenue- International: $10.96 million versus $9.33 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -19.3% change.
- Net Revenue- United States: $32.04 million compared to the $33.30 million average estimate based on two analysts. The reported number represents a change of -26.6% year over year.
Shares of Allbirds, Inc. have returned +7.4% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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