Seeking Alpha

Zipcar (ZIP -8.9%) is making new post-IPO lows following its Q1 report. Weighing on investors is...

Zipcar (ZIP -8.9%) is making new post-IPO lows following its Q1 report. Weighing on investors is the company's guidance for Q2 revenue of $71M-$74M and net income of -$1M to $1M, which doesn't compared favorably with a consensus of $73.8M in revenue and $0.02 in EPS. In addition, Zipcar's Q1 revenue growth in its 4 "Established Markets" slightly exceeded total growth, which suggests newer markets may be underperforming.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs