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Stock impact report

Here's Why Squarespace (SQSP) Fell More Than Broader Market [Yahoo! Finance]

Squarespace, Inc. Class A (SQSP) 
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily loss of 0.28%. Meanwhile, the Dow lost 0.08%, and the Nasdaq, a tech-heavy index, lost 0.42%. Shares of the a software company have appreciated by 8.1% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.64% and the S&P 500's gain of 2.67%. The investment community will be paying close attention to the earnings performance of Squarespace in its upcoming release. Our most recent consensus estimate is calling for quarterly revenue of $276.38 million, up 16.6% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.52 per share and revenue of $1.18 billion, indicating changes of +1140% and +16.71%, respectively, compared to the previous year. It is also important to note the recent changes to analyst estimates for Squarespace. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, p Show less Read more
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