The Latest Breaking News from Poshmark

Growing companies often lose their focus — as new hires don't share the same drive. So knowing how to hire is key.

Upgrades

Poshmark Inc (NASDAQ: POSH) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued guidance below estimates.

Poshmark (NASDAQ:POSH) is set to give its latest quarterly earnings report on Tuesday, 2022-03-22. Here's what investors need to know before the announcement. Analysts estimate that Poshmark will report an earnings per share (EPS) of $-0.18.

Jefferies analyst Ashley Helgans initiated coverage of Poshmark Inc (NASDAQ:POSH) with a Hold rating and $14 price target, implying a 10.67% upside. Ashley thinks the asset-light model, higher user engagement, and industry backdrop could turn out to be in its favor. The analyst is doubtful about offsets from the IDFA (identifier for advertisers) impact, reliance…