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

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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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