Nextdoor (KIND) Scheduled to Post Quarterly Earnings on Tuesday

Nextdoor (NYSE:KIND) will release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Nextdoor to post earnings of ($0.09) per share for the quarter. Nextdoor has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Nextdoor (NYSE:KIND) last issued its earnings results on Tuesday, February 27th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.03. Nextdoor had a negative return on equity of 24.22% and a negative net margin of 67.69%. The company had revenue of $55.56 million during the quarter, compared to analysts’ expectations of $50.94 million. On average, analysts expect Nextdoor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nextdoor Stock Down 0.9 %

NYSE KIND opened at $2.15 on Monday. The business’s fifty day simple moving average is $2.13 and its 200-day simple moving average is $1.86. The firm has a market cap of $846.30 million, a PE ratio of -5.66 and a beta of 0.99. Nextdoor has a 52 week low of $1.32 and a 52 week high of $3.41.

Analyst Ratings Changes

Separately, The Goldman Sachs Group boosted their target price on shares of Nextdoor from $1.75 to $2.25 and gave the company a “neutral” rating in a report on Wednesday, February 28th.

About Nextdoor

Nextdoor Holdings, Inc operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. The company enables neighbors and organizations to get information, give and get help, and build connections. It also offers advertising solutions, designs to generate value for businesses for connection and sales expansion.