FVRR, a Strong Surge is coming soon! STRONG BUY!
FVRR has been on a long term downtrend for sometime but that will change soon based on recent price data metrics and a strong QTR earnings call. This a perfect stock to seed if you're looking for Fundamentals + Technically ripe stock prospect.
Based on recent long term data this is gradually shifting already and inching closer to breaking structure. Net volume has increased quite significantly this past few days cementing the 'reversal' of trend.
Fundamentally, last qtr earnings call produced a surprise of 69.23% which is more than good news for the company and its investors. That is a quarterly earnings of $0.22 per share, beating Consensus Estimate of $0.13 per share.
The current price is a bargain deal already with all the recent developments. This suggests a strong buy already.
Spotted at 25.0
Interim target set at 40.0
TAYOR.
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Fiverr International (FVRR) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 69.23%. A quarter ago, it was expected that this online marketplace for freelance services would post earnings of $0.03 per share when it actually produced earnings of $0.21, delivering a surprise of 600%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Fiverr , which belongs to the Zacks Internet - Commerce industry, posted revenues of $79.76 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 4.02%. This compares to year-ago revenues of $55.89 million. The company has topped consensus revenue estimates four times over the last four quarters.
Based on recent long term data this is gradually shifting already and inching closer to breaking structure. Net volume has increased quite significantly this past few days cementing the 'reversal' of trend.
Fundamentally, last qtr earnings call produced a surprise of 69.23% which is more than good news for the company and its investors. That is a quarterly earnings of $0.22 per share, beating Consensus Estimate of $0.13 per share.
The current price is a bargain deal already with all the recent developments. This suggests a strong buy already.
Spotted at 25.0
Interim target set at 40.0
TAYOR.
------
Fiverr International (FVRR) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 69.23%. A quarter ago, it was expected that this online marketplace for freelance services would post earnings of $0.03 per share when it actually produced earnings of $0.21, delivering a surprise of 600%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Fiverr , which belongs to the Zacks Internet - Commerce industry, posted revenues of $79.76 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 4.02%. This compares to year-ago revenues of $55.89 million. The company has topped consensus revenue estimates four times over the last four quarters.
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