- Fastly ( NYSE: FSLY ) is scheduled to announce Q4 earnings results on Wednesday, February 15th, after market close.
- The consensus EPS Estimate is -$0.13 and the consensus Revenue Estimate is $114.55M (+17.2% Y/Y).
- Over the last 2 years, FSLY has beaten EPS estimates 63% of the time and has beaten revenue estimates 75% of the time.
- Over the last 3 months, EPS estimates have seen 1 upward revision and 0 downward. Revenue estimates have seen 1 upward revision and 0 downward.
- The company's stock rose as much as 15% after it posted Q3 Non-GAAP EPS of -$0.14 and revenue of $108.5M, both beating consensus.
- FSLY has a Quant rating of HOLD, with a 2.63 rating score.
- Wall Street analysts also rate the FSLY stock HOLD while most Seeking Alpha Authors rate it BUY .
- FSLY has an industry ranking of 19 out of 27 in the internet services and infrastructure sector, as per SA's Quant ranking, one spot behind Twilio.
- FSLY rose as much as 32% on Monday after Bank of America Securities analyst Tal Liani upgraded the cloud-services tech company from underperform, or sell, up to buy, and boosted price target on the company's stock to $16 a share from $10.50.
- BofA said while Fastly's "short term results could still fluctuate," the company has "solid underlying foundations", and new CEO Todd Nightingale has taken steps to streamline its product portfolio, pricing and other business aspects.
- Recent analysis from our contributors: Fastly Q4 Earnings Could Be A Turning Point by Colin Tedards.
- Fastly: Early Signs Of A Turnaround by Richard Durant.
- FSLY stock fell 77% in 2022, while the benchmark S&P 500 index slipped nearly 20% .
For further details see:
Fastly Q4 earnings on deck, what to expect