Fiverr International (FVRR) Scheduled to Post Quarterly Earnings on Thursday

Fiverr International (NYSE:FVRR) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce 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.Parties that are interested in participating in the company’s 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, topping the consensus estimate of $0.52 by $0.04. Fiverr International had a net margin of 1.02% and a return on equity of 3.71%. The firm had revenue of $91.50 million during the quarter, compared to analysts’ expectations of $97.00 million. During the same period in the previous year, the company earned ($0.19) EPS. Fiverr International’s revenue for the quarter was up 10.1% on a year-over-year basis. 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

FVRR stock opened at $20.95 on Wednesday. The stock has a market capitalization of $809.52 million, a price-to-earnings ratio of 232.72 and a beta of 1.70. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.30. Fiverr International has a 52-week low of $18.83 and a 52-week high of $34.49. The stock’s fifty day simple moving average is $21.17 and its 200-day simple moving average is $24.10.

Wall Street Analyst Weigh In

FVRR has been the subject of several recent analyst reports. BTIG Research lowered their price target on Fiverr International from $30.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, April 18th. JPMorgan Chase & Co. decreased their price target on shares of Fiverr International from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Friday, February 23rd. Needham & Company LLC restated a “buy” rating and set a $40.00 price objective on shares of Fiverr International in a report on Thursday, February 22nd. The Goldman Sachs Group upgraded Fiverr International from a “neutral” rating to a “buy” rating and set a $43.00 target price on the stock in a report on Friday, January 19th. Finally, Citigroup cut their price objective on Fiverr International from $37.00 to $32.00 and set a “buy” rating on the stock in a report on Friday, February 23rd. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.