Fiverr International (FVRR) stock fell 1.47% but has strong financial outlook.

From Nasdaq: 2024-07-19 18:15:19

In the latest trading session, Fiverr International (FVRR) closed at $22.80, down 1.47% from the previous day, underperforming the S&P 500. Fiverr’s stock has risen 6.34% in the past month, surpassing the sector and S&P 500. Investors anticipate Fiverr’s upcoming earnings report on July 31, 2024, expecting an EPS of $0.58 and revenue of $94.69 million.

Fiverr International is forecasted to achieve a robust financial performance, with Zacks estimating earnings of $2.31 per share and revenue of $384.67 million for the year. Analysts have maintained a Zacks Rank #3 (Hold) for Fiverr International due to stable earnings estimates. The company’s valuation is attractive, trading at a Forward P/E ratio of 10.02, a discount to its industry average.

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Read more at Nasdaq: Fiverr International (FVRR) Registers a Bigger Fall Than the Market: Important Facts to Note