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Stock impact report

What To Expect From Nextdoor's (KIND) Q1 Earnings [Yahoo! Finance]

Nextdoor Holdings, Inc. (KIND) 
Company Research Source: Yahoo! Finance
Nextdoor beat analysts' revenue expectations by 8.6% last quarter, reporting revenues of $55.56 million, up 4.3% year on year. It was a very strong quarter for the company, with optimistic revenue guidance for the next quarter. It reported 41.8 million monthly active users, up 4.5% year on year. Is Nextdoor a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Nextdoor's revenue to grow 2.1% year on year to $50.81 million, a reversal from the 2.4% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.09 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Nextdoor has missed Wall Street's revenue estimates twice over the last two years. Looking at Nextdoor's peers in the social networking segment, some have already reported their Q1 result Show less Read more
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