FMP
Farfetch Limited Shares Plunge 18% Since Q3 Report
Nov 22, 2022 8:51 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Image credit: FMP
Farfetch Limited (NYSE:FTCH) shares fell around 18% since the company’s reported Q3 results on Thursday, which were negatively affected by China headwinds, the strong dollar, and an increased focus on full-price sales, offset by stronger contribution margins.
Q3 EPS came in at ($0.24), worse than the Street estimate of ($0.21). Revenue was $593.4 million, missing the Street estimate of $598.26 million.
The company reduced its full-year guidance and now anticipates digital platform GMV (Gross merchandise value) to drop 5-7% from prior 0-5% growth. Furthermore, management now expects an adjusted EBITDA margin loss of 3%-5%, down from the prior 0%.
Other Blogs
Oct 31, 2023 8:03 AM - Parth Sanghvi
FCFF vs FCFE: What's the Difference?
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...
