Farfetch Limited (FTCH) Tops Q3 EPS by 19c

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Go back to Farfetch Limited (FTCH) Tops Q3 EPS by 19c

Farfetch (FTCH) PT Lowered to $42 at Cowen

November 19, 2021 7:56 AM EST

Cowen analyst Oliver Chen lowered the price target on Farfetch (NYSE: FTCH) to $42.00 (from $50.00) while maintaining an Outperform rating.

The analyst commented, "Missed expectations for 3Q21 EPS and lowered FY21 guidance. We believe FTCH is better positioned vs. peers in terms of its... More

Farfetch Limited (FTCH) Stock Plunges 23% Following Q3 Results

November 18, 2021 5:26 PM EST

Farfetch Limited (NYSE: FTCH) shares dropped more than 23% after-hours following the companys reported Q3 results, with EPS coming in at ($0.17), better than the consensus estimate of ($0.36). Quarterly revenue grew 33% year-over-year to $583 million, compared to the consensus estimate of $591.34 million.

GMV increased by 27.5% year-over-year to... More