WeWork Inc logo

WE

WeWork Inc

$0.77

Earnings Summary

Revenue
$597.85Mn
Net Profits
$-5.62Mn
Net Profit Margins
-0.94%

Highlights

Revenue:

WeWork Inc’s revenue fell -43.43% since last year same period to $597.85Mn in the Q1 2021. On a quarterly growth basis, WeWork Inc has generated -82.5% fall in its revenue since last 3-months.

Net Profits:

WeWork Inc’s net profit jumped 96.95% since last year same period to $-5.62Mn in the Q1 2021. On a quarterly growth basis, WeWork Inc has generated 99.82% jump in its net profits since last 3-months.

Net Profit Margins:

WeWork Inc’s net profit margin jumped 94.6% since last year same period to -0.94% in the Q1 2021. On a quarterly growth basis, WeWork Inc has generated 98.97% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the WeWork Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.41
EPS Estimate Current Year
-0.41

Highlights

EPS Estimate Current Quarter:

WeWork Inc’s earning per share (EPS) estimates for the current quarter stand at -0.41 - a 8.89% jump from last quarter’s estimates.

EPS Estimate Current Year:

WeWork Inc’s earning per share (EPS) estimates for the current year stand at -0.41.

Key Ratios

Key ratios of the WeWork Inc post its Q4 2022 earnings

Return on Assets (ROA)
-0.04
Return on Equity (ROE)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. WeWork Inc’s return on assets (ROA) stands at -0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. WeWork Inc’s return on equity (ROE) stands at 0.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2019-06-30
0
-3.05
-Inf%
2020-03-31
0
-1.08
-Inf%

Company Information

WeWork engages in various flexible workplace options, such as standard offices, collaborative workspaces, and office suites with private facilities. Businesses and organisations ranging from freelancers and tiny startups to Fortune 500 corporations use their workplaces. WeWork Inc launched in 2010. It engages in long-term lease agreements, renovates and furnishes its premises, and offers various leasing alternatives on a short-term basis. WeWork has over 700 facilities worldwide in 150 cities and 38 countries. Its headquarters are in New York City. The company provides real and virtual shared spaces, as well as office services for entrepreneurs and businesses. WeWork All Access, WeWork on Demand, and Dedicated Desk are some options for an open workplace provided by the company. WeWork All Access is a monthly membership program that gives access to hot desks, conference rooms, and private offices all over the world. WeWork On Demand, the company's platform, offers pay-as-you-go access to shared office and conference spaces. Dedicated Workstation gives individuals access to their desks in one area, as well as conference spaces. WeWork's brand is ranked #541 on the list of Global Best Brands, which is a carefully chosen collection of well-known brands as assessed by WeWork customers. WeWork is ranked #89 in the Business and Consumer Services category. Among its primary rivals, WeWork is ranked first in terms of NPS, followed by CBRE and Regus. Currently WeWork Inc - Class A has a market cap of $0.54 Billion. It has a P.E ratio of -0.17. The shares of WeWork Inc - Class A are trading at $0.7. .

Organisation
WeWork Inc
Headquarters
575 Lexington Avenue, New York, NY, United States, 10022
Employees
0
Industry
Financial