Olo Inc. (OLO) Q2 Earnings Lag Estimates

Company Performance - Olo Inc. reported quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.08 per share, but showing an increase from $0.05 per share a year ago, resulting in an earnings surprise of -12.50% [1] - The company posted revenues of $85.72 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.20% and increasing from $70.5 million year-over-year [2] - Olo has surpassed consensus revenue estimates four times over the last four quarters [2] Stock Movement and Outlook - Olo shares have increased approximately 35.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 6.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.08 on revenues of $85.82 million, and $0.31 on revenues of $339.4 million for the current fiscal year [7] Industry Context - The Internet - Software industry, to which Olo belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Olo's stock performance [5] - The Zacks Rank for Olo is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]