Olo (OLO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
OLO benefits from the expansion of its product portfolio, which enables it to capture a larger market share.
The mean of analysts' price targets for Olo (OLO) points to a 57.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
The average of price targets set by Wall Street analysts indicates a potential upside of 65.4% in Olo (OLO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Olo Inc. (NYSE:OLO ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Gary Fuges – Senior Vice President-Investor Relations Noah Glass – Founder and Chief Executive Officer Peter Benevides – Chief Financial Officer Conference Call Participants Eric Martinuzzi – Lake Street Andrew Harte – BTIG Connor Passarella – Truist Securities Stephen Sheldon – William Blair Max Gamperl – Goldman Sachs Simran Biswal – RBC Capital Operator Greetings, and welcome to the Olo Incorporated Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Although the revenue and EPS for Olo (OLO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Olo Inc. (OLO) came out with quarterly earnings of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago.
NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE:OLO). The settlement provides for a fund of $9,000,000 to benefit class members.
NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE:OLO). The settlement provides for a fund of $9,000,000 to benefit class members.
NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE: OLO). The settlement provides for a fund of $9,000,000 to benefit class members.
NEW YORK, NY / ACCESSWIRE / June 27, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE:OLO). The settlement provides for a fund of $9,000,000 to benefit class members.
NEW YORK, NY / ACCESSWIRE / June 25, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE: OLO). The settlement provides for a fund of $9,000,000 to benefit class members.