Ibotta (NYSE:IBTA) Third Quarter 2024 Results
Key Financial Results
- Net income: US$17.2m (up by US$17.2m from 3Q 2023).
- EPS: US$0.56.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ibotta Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 45%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Media industry in the US.
Performance of the American Media industry.
The company's shares are down 9.6% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Ibotta you should be aware of.
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About NYSE:IBTA
Ibotta
Operates as a technology company that offers Ibotta Performance Network (IPN) that allows consumer packaged goods brands to deliver digital promotions to consumers.
Flawless balance sheet with reasonable growth potential.
