OLO (NYSE:OLO) Releases Earnings Results, Misses Estimates By $0.06 EPS

OLO (NYSE:OLO) announced its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06), Zacks reports. OLO had a negative net margin of 5.89% and a positive return on equity of 0.34%. OLO updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

OLO Stock Down 1.3 %

OLO stock opened at $6.59 on Wednesday. OLO has a 52-week low of $4.20 and a 52-week high of $8.35. The company has a market cap of $1.08 billion, a P/E ratio of -65.84 and a beta of 1.41. The business has a 50-day simple moving average of $7.45 and a two-hundred day simple moving average of $6.30.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OLO. StockNews.com cut shares of OLO from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Royal Bank of Canada increased their price objective on shares of OLO from $8.00 to $9.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $8.00 target price on shares of OLO in a research report on Wednesday, January 8th.

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.