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Stay Ahead of the Game With Duolingo (DUOL) Q1 Earnings: Wall Street's Insights on Key Metrics

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Analysts on Wall Street project that Duolingo, Inc. (DUOL - Free Report) will announce quarterly earnings of $0.52 per share in its forthcoming report, representing a decline of 8.8% year over year. Revenues are projected to reach $223.33 million, increasing 33.3% from the same quarter last year.

The current level reflects an upward revision of 2.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

With that in mind, let's delve into the average projections of some Duolingo metrics that are commonly tracked and projected by analysts on Wall Street.

Analysts forecast 'Revenues- Subscription' to reach $187.35 million. The estimate indicates a year-over-year change of +42.3%.

Analysts predict that the 'Revenues- Other- Duolingo English Test' will reach $12.59 million. The estimate suggests a change of -1.3% year over year.

Based on the collective assessment of analysts, 'Revenues- Other- Advertising' should arrive at $14.16 million. The estimate points to a change of +9.3% from the year-ago quarter.

The consensus estimate for 'Total bookings' stands at $255.18 million. The estimate compares to the year-ago value of $197.45 million.

Analysts' assessment points toward 'Subscription bookings' reaching $219.26 million. The estimate compares to the year-ago value of $161.47 million.

The consensus among analysts is that 'Daily active users (DAUs)' will reach 46.00 million. Compared to the current estimate, the company reported 31.4 million in the same quarter of the previous year.

The collective assessment of analysts points to an estimated 'Monthly active users (MAUs)' of 120.45 million. Compared to the current estimate, the company reported 97.6 million in the same quarter of the previous year.

It is projected by analysts that the 'Paid subscribers (at period end)' will reach 10.47 million. The estimate compares to the year-ago value of 7.4 million.

View all Key Company Metrics for Duolingo here>>>

Over the past month, shares of Duolingo have returned +21.2% versus the Zacks S&P 500 composite's -4.3% change. Currently, DUOL carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>


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