Overstock.com, Inc. OSTKis expected to report first-quarter 2018 results on May 3.
In the last reported quarter, the company reported a loss of $3.72 per share as against earnings of 12 cents in the year-ago quarter. Net Sales decreased 13.2% year over year to $456.3 million.
Notably, shares of Overstock have lost 39% year-to-date, as compared with the industry’s rally of 17.
For the first quarter, the Zacks Consensus Estimate for revenues is pegged at $454.1 million. Further, the consensus estimate shows a loss of 87 cents for the company.
Let’s see how things are shaping up for this quarter.