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

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Wall Street analysts forecast that Fiverr International (FVRR - Free Report) will report quarterly earnings of $0.67 per share in its upcoming release, pointing to a year-over-year increase of 28.9%. It is anticipated that revenues will amount to $105.53 million, exhibiting an increase of 12.8% compared to the year-ago quarter.

The consensus EPS estimate for the quarter has undergone a downward revision of 3.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

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 indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

That said, let's delve into the average estimates of some Fiverr metrics that Wall Street analysts commonly model and monitor.

Based on the collective assessment of analysts, 'Take Rate' should arrive at 27.5%. Compared to the present estimate, the company reported 32.3% in the same quarter last year.

Analysts forecast 'Active buyers' to reach 3.57 million. Compared to the current estimate, the company reported 4 million in the same quarter of the previous year.

Analysts expect 'Spend per buyer' to come in at $290.31. Compared to the current estimate, the company reported $284 in the same quarter of the previous year.

View all Key Company Metrics for Fiverr here>>>

Fiverr shares have witnessed a change of +19.6% in the past month, in contrast to the Zacks S&P 500 composite's +0.4% move. With a Zacks Rank #3 (Hold), FVRR is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>


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