Skillz (SKLZ) Projected to Post Earnings on Thursday

Skillz (NYSE:SKLZ - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Skillz to post earnings of ($1.31) per share for the quarter.

• Skillz Inc NYSE: SKLZ Stock a Buy: An Esports Platform with Upside

Skillz (NYSE:SKLZ - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.09) by $0.17. The company had revenue of $22.41 million during the quarter, compared to analyst estimates of $21.57 million. Skillz had a negative net margin of 39.33% and a negative return on equity of 35.10%. On average, analysts expect Skillz to post $-4 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

Skillz Trading Up 0.4%

Shares of NYSE SKLZ opened at $7.72 on Thursday. The firm has a 50 day moving average of $6.83 and a 200 day moving average of $5.90. The firm has a market capitalization of $134.56 million, a price-to-earnings ratio of -3.54 and a beta of 2.76. Skillz has a 12-month low of $3.54 and a 12-month high of $9.06.

Hedge Funds Weigh In On Skillz

An institutional investor recently bought a new position in Skillz stock. Acadian Asset Management LLC purchased a new stake in shares of Skillz Inc. (NYSE:SKLZ - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 17,908 shares of the company's stock, valued at approximately $80,000. Acadian Asset Management LLC owned approximately 0.10% of Skillz at the end of the most recent reporting period. Institutional investors and hedge funds own 19.42% of the company's stock.

Analyst Upgrades and Downgrades

SKLZ has been the subject of several recent research reports. Wall Street Zen upgraded shares of Skillz from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Wedbush raised shares of Skillz to a "strong-buy" rating in a report on Tuesday, July 1st.

Check Out Our Latest Analysis on Skillz

Skillz Company Profile

Skillz Inc operates a mobile game platform in the United States and internationally. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users. The company distributes games through direct app download from its website, as well as through third-party platforms.

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