OLO (OLO) Projected to Post Quarterly Earnings on Tuesday

OLO (NYSE:OLO) is expected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $72.76 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

OLO Price Performance

OLO stock opened at $6.88 on Monday. The business has a 50 day simple moving average of $7.50 and a 200-day simple moving average of $6.28. OLO has a 12 month low of $4.20 and a 12 month high of $8.35. The stock has a market capitalization of $1.13 billion, a PE ratio of -68.74 and a beta of 1.41.

Wall Street Analysts Forecast Growth

OLO has been the subject of a number of analyst reports. Piper Sandler reissued a “neutral” rating and set a $8.00 target price on shares of OLO in a research note on Wednesday, January 8th. StockNews.com downgraded OLO from a “buy” rating to a “hold” rating in a report on Tuesday, December 10th. Finally, Royal Bank of Canada boosted their target price on shares of OLO from $8.00 to $9.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd.

OLO Company Profile

Olo, Inc engages in the provision of cloud-based, on-demand commerce platform for multi-location restaurant brands. It enables digital ordering and delivery. The company was founded in 2005 and is headquartered in New York, NY.