Olo Inc. to Post Q1 2021 Earnings of $0.01 Per Share, William Blair Forecasts (NYSE:OLO)


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Olo Inc. (NYSE:OLO) – Analysts at William Blair issued their Q1 2021 earnings per share (EPS) estimates for OLO in a research note issued to investors on Monday, April 12th. William Blair analyst B. Suri expects that the company will earn $0.01 per share for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for OLO’s Q2 2021 earnings at $0.01 EPS, Q3 2021 earnings at $0.01 EPS, Q4 2021 earnings at $0.02 EPS, FY2021 earnings at $0.05 EPS and FY2022 earnings at $0.08 EPS.

Other analysts also recently issued reports about the stock. Stifel Nicolaus began coverage on shares of OLO in a report on Monday. They issued a “hold” rating and a $27.00 price target for the company. Royal Bank of Canada initiated coverage on shares of OLO in a report on Monday. They issued an “outperform” rating and a $32.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of OLO in a report on Monday. They set a “neutral” rating and a $28.00 price objective for the company. Piper Sandler initiated coverage on shares of OLO in a report on Monday. They set an “overweight” rating and a $35.00 price objective for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of OLO in a report on Monday. They set an “overweight” rating and a $36.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $32.00.

Shares of OLO stock opened at $27.25 on Wednesday. OLO has a fifty-two week low of $23.92 and a fifty-two week high of $35.00.

OLO Company Profile

Olo Inc provides software-as-a-service platform for multi-location restaurants in the United States. The company's platform enables on-demand commerce operations, which cover digital ordering and delivery through online and mobile ordering modules. Its modules include Ordering, an on-demand commerce solution that enables consumers to order directly from and pay restaurants via mobile, web, kiosk, voice, and other digital channels; Dispatch, a fulfillment solution, which enables restaurants to offer, manage, and expand direct delivery; and Rails, an aggregator and channel management solution, which allows restaurants to control and syndicate menu, pricing, location data, and availability.

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Earnings History and Estimates for OLO (NYSE:OLO)

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