OLO (OLO) Projected to Post Earnings on Thursday

OLO (NYSE:OLO - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $77.47 million for the quarter. OLO has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

OLO (NYSE:OLO - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.06). OLO had a negative net margin of 5.89% and a positive return on equity of 0.34%. The firm had revenue of $76.07 million for the quarter, compared to the consensus estimate of $72.76 million. On average, analysts expect OLO to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

OLO Trading Up 2.5 %

NYSE:OLO traded up $0.18 during mid-day trading on Friday, hitting $7.30. The company's stock had a trading volume of 2,372,637 shares, compared to its average volume of 1,195,317. The stock has a fifty day moving average of $6.29 and a 200-day moving average of $6.72. OLO has a fifty-two week low of $4.20 and a fifty-two week high of $8.35. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of -72.99 and a beta of 1.41.

Analyst Upgrades and Downgrades

Several analysts have weighed in on OLO shares. StockNews.com cut OLO from a "buy" rating to a "hold" rating in a report on Wednesday, March 19th. Piper Sandler restated a "neutral" rating and set a $8.00 target price on shares of OLO in a report on Wednesday, January 8th.

OLO Company Profile

Olo, Inc engages in the provision of cloud-based, on-demand commerce platform for multi-location restaurant brands. It enables digital ordering and delivery. The company was founded in 2005 and is headquartered in New York, NY.