|Bid||45.00 x 400|
|Ask||45.40 x 900|
|Day's range||43.75 - 46.70|
|52-week range||13.75 - 89.80|
|PE ratio (TTM)||N/A|
|Earnings date||2 May 2018 - 7 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||110.00|
E-commerce retailer Overstock’s (OSTK) adjusted EPS (earnings per share) came in at -$0.47 in 4Q17 compared to the analyst projection of -$0.05. On a reported basis, the company reported EPS of -$3.72 in 4Q17 compared to EPS of $0.12 in 4Q16. Substantial increases in its provision for income tax due to the recent Tax Cuts and Jobs Act primarily marred Overstock’s bottom line performance.
According to the company, changes in natural search engine algorithms made by Google negatively affected its top line performance. The company added that its initiatives to boost revenue from other marketing channels, such as email and search engines, provided some cushioning. In 4Q17, revenue from the Direct Revenue channel fell 28% to $18.5 million, and revenue from the Partner and Other Revenue channel fell 12.5% to $437.8 million.
On March 20, 2018, e-commerce retailer Overstock (OSTK) announced that it had added an AR (augmented reality) feature to its Android shopping app. The company’s shopping app for Apple’s (AAPL) iOS system, which was launched back in September 2017 along with Apple’s ARKit, already has the AR feature. According to the press release, the new AR feature will allow customers to see how products would look in their living rooms to help them make better purchase decisions.
The e-commerce and blockchain specialist stumbles after a rough quarter. The stock has still nearly tripled over the past year.
Stocks that moved substantially or traded heavily Friday: Overstock.com Inc., down $2.50 to $45.70 The online discount retailer said it will take losses and ramp up its growth to compete with rival Wayfair. ...
Everybody, it seems, got rich off bitcoin and cryptocurrencies in 2017. Which is why the 2017 loss by Overstock.com Inc.’s Medici Ventures unit is such a head-scratcher.
Overstock.com shares tumble, Broadcom shares lower, and Adobe shares beat on top and bottom lines
Among the companies with shares expected to trade actively in Friday's session are Broadcom, Nike, Johnson & Johnson, Netflix, Adbove Systems and Altice USA.
Overstock.com Inc. didn’t disappoint the crowd of short sellers who bet against the online retailer ahead of its earnings report.
Shares of Overstock.com dropped in premarket trading Friday after the e-commerce company reported a sales decline and no significant progress on a potential sale of its retail arm to focus on its cryptocurrency-related business.
Overstock.com Inc. shares fell nearly 8% in the extended session Thursday. The company reported fourth-quarter net losses of $95.7 million, or $3.72 a share, compared with net income of $3.1 million, or ...
Bitcoin undercut $8,000 intraday as European financial regulators pledged to probe if cryptocurrencies are being used for money laundering and funding terrorism.
Overstock.com Inc. has had a rough year so far. The online retailer’s stock has lost almost half of its value since peaking in January. Digital currencies, which the firm has fully embraced, have lost ...
A calmer economic and earnings schedule awaits investors on Thursday as markets will continue to monitor trade talk out of the White House.
All eyes will be on Broadcom as it reveals earnings after its foiled bid to acquire Qualcomm, while IBD 50 stock Adobe also reports.