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Stock impact report

Duolingo, Inc. (DUOL) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]

Duolingo, Inc. - Class A (DUOL) 
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily gain of 0.74%. Meanwhile, the Dow experienced a drop of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.68%. The company's shares have seen a decrease of 3.41% over the last month, not keeping up with the Business Services sector's loss of 1.98% and the S&P 500's gain of 0.8%. Investors will be eagerly watching for the performance of Duolingo, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 8, 2024. The company is predicted to post an EPS of $0.30, indicating a 600% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $165.02 million, up 42.68% from the year-ago period. For the full year, the Zacks Consensus Estimates project earnings of $1.38 per share and a revenue of $724.75 million, demonstrating changes of +294.29% and +36.46%, respectively, from the preceding year. Invest Show less Read more
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