News Flash: Analysts Just Made A Captivating Upgrade To Their Blue Apron Holdings, Inc. (NYSE:APRN) Forecasts [Yahoo! Finance News]
Blue Apron Holdings, Inc. (APRN)
Last blue apron holdings, inc. earnings: 4/29 06:15 am
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Source: Yahoo! Finance News
Celebrations may be in order forBlue Apron Holdings, Inc.NYSE:APRNFollowing the latest upgrade, the current consensus, from the twin analysts covering Blue Apron Holdings, is for revenues of US$437m in 2020, which would reflect a noticeable 4.0% reduction in Blue Apron Holdings' sales over the past 12 months. Losses are predicted to fall substantially, shrinking 25% to US$3.52. However, before this estimates update, the consensus had been expecting revenues of US$367m and US$3.97 per share in losses. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a sizeable increase to their revenue forecasts while also reducing the estimated loss as the business grows towards breakeven.See our latest analysis for Blue Apron HoldingsNYSE:APRN Past and Future Earnings April 14th 2020The consensus price target rose 73% to US$9.50, with the analysts encouraged by the higher revenue and lower forecast losses for this year. There's another way to thi
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