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Home News Business

Zacks Investment Research Projects WeWork Could Post $0.65 Earnings Per Share

Using Zacks’ EPS data from analysts that cover WeWork, average full-year earnings are forecasted to come to $2.11 per share.

Aayat AlibyAayat Ali
June 6, 2022
in Business
Reading Time: 1 min read
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Zacks Investment Research Projects WeWork Could Post $0.65 Earnings Per Share

Zacks Investment Research analysis predicts that WeWork’s earnings per share (EPS) will come to $0.65 for the second quarter of 2022. 

Using Zacks’ EPS data from analysts that cover WeWork, average full-year earnings are forecasted to come to $2.11 per share. The next financial year could see the coworking operator’s EPS come to $1.27. 

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Last month, WeWork’s quarterly earnings data report revealed it posted a $0.57 EPS and grew its revenue by 27.9% to $765 million compared to the same time last year.   

Analysts estimated that the company would post a $0.72 EPS and $768.11 million in revenue. 

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Various investors have recently altered their holdings into WeWork. For instance, Tuttle Capital Management purchased a new stake during the fourth quarter of 2021 valued at $138,000. Currently, hedge funds and other investors own 81.48% of the company’s shares. 

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Source: MarketBeat
Tags: Business
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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