Fastly to Report Q4 Earnings: What's in the Cards?

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Fastly (FSLY - Free Report) is slated to release fourth-quarter 2021 results on Feb 16.

For the fourth quarter, the company expects revenues between $347 million and $350 million. Adjusted loss is anticipated in the range of 58 cents to 55 cents per share.

The Zacks Consensus Estimate for the fourth-quarter bottom line is currently pegged at a loss of 16 cents per share, which has remained unchanged over the past 30 days. The company had reported a loss of 40 cents per share in the year-ago quarter.

The consensus mark for the top line currently stands at $93.22 million, suggesting growth of 12.79% from the year-ago quarter.

Fastly’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 13.70%.

Fastly, Inc. Price and EPS Surprise

Fastly, Inc. price-eps-surprise | Fastly, Inc. Quote

Factors to Note

Fastly’s fourth-quarter performance is likely to have benefited from higher bandwidth usage. An expanding clientele might have contributed to the to-be-reported quarter’s top line.

Solid contribution from the Compute@Edge platform may have driven the to-be-reported quarter’s performance. Fastly’s top line is likely to reflect gains from the significant support that the company provides to enterprises dealing in e-commerce and entertainment.

Fastly’s expanding footprint across e-commerce, digital publishing, financial services, cryptocurrency and healthcare markets may have aided the to-be-reported quarter’s performance.