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Stock impact report

Squarespace (SQSP) Reports Q1: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]

Squarespace, Inc. Class A (SQSP) 
Company Research Source: Yahoo! Finance
Squarespace beat analysts' revenue expectations by 2.9% last quarter, reporting revenues of $270.7 million, up 18.3% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' billings estimates and a solid beat of analysts' ARR (annual recurring revenue) estimates. Is Squarespace a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Squarespace's revenue to grow 16.6% year on year to $276.3 million, improving from the 14.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.14 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. Squarespace has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 1.8% on average. Looking at Sq Show less Read more
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