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Stock impact report

Analysts Are Updating Their Nextdoor Holdings, Inc. (NYSE:KIND) Estimates After Its First-Quarter Results [Yahoo! Finance]

Nextdoor Holdings, Inc. (KIND) 
Company Research Source: Yahoo! Finance
Revenues and losses per share were both better than expected, with revenues of US$53m leading estimates by 4.6%. Statutory losses were smaller than the analystsexpected, coming in at US$0.07 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Nextdoor Holdings after the latest results. See our latest analysis for Nextdoor Holdings After the latest results, the six analysts covering Nextdoor Holdings are now predicting revenues of US$232.6m in 2024. If met, this would reflect an okay 4.9% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 29% to US$0.26. Before this earnings announcement, the analysts had been Show less Read more
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