1stdibs.com (DIBS) Reports Q3 Loss, Lags Revenue Estimates

Core Viewpoint - 1stdibs.com (DIBS) reported a quarterly loss of $0.15 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.13, and a decline from a loss of $0.08 per share a year ago, indicating a negative earnings surprise of -15.38% [1] Financial Performance - The company posted revenues of $21.19 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.94%, but showing an increase from $20.66 million in the same quarter last year [2] - Over the last four quarters, 1stdibs has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - 1stdibs shares have declined approximately 7.1% since the beginning of the year, contrasting with the S&P 500's gain of 25.2% [3] Future Outlook - The company's earnings outlook will be crucial for investors, particularly in light of current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is -$0.14 on revenues of $21.86 million, and for the current fiscal year, it is -$0.47 on revenues of $87.77 million [7] Industry Context - The Internet - Commerce industry, to which 1stdibs belongs, is currently ranked in the top 29% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Chewy (CHWY), another company in the same industry, is expected to report quarterly earnings of $0.23 per share, reflecting a year-over-year increase of +53.3% [9]