* ContextLogic Inc reported a quarterly adjusted loss of $2.69​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-4.80. The lone analyst forecast for the quarter was for a loss of $2.66 per share.

* Revenue fell 56.9% to $53.00 million from a year ago; analysts expected $53.06 million.

* ContextLogic Inc's reported EPS for the quarter was a loss of $2.82​.

* The company reported a quarterly loss of $68 million.

* ContextLogic Inc shares had risen by 8.6% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 11.6% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the online services peer group is also "hold"

Wall Street's median 12-month price target for ContextLogic Inc is $7.25 This summary was machine generated from LSEG data March 5 at 11:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 -2.66 -2.69 Missed

Sep. 30 2023 -3.31 -3.35 Missed

Jun. 30 2023 -3.74 -3.38 Beat

Mar. 31 2023 -3.80 -3.83 Missed