How does OLO's 2024 EPS trend look?

OLO's 2024 EPS trend shows a positive outlook with a notable improvement in the second quarter, driven by effective cost management and revenue growth.

1. **First Half of 2024**: OLO experienced a negative EPS of $0.01 for the fourth quarter of 2023, as reported on December 31, 2024. This indicates a loss for that period.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|OLO|OLO.N|Olo|2024 Q1|87.50000000000001|-0.01|169|
|OLO|OLO.N|Olo|2024 Q2|127.2727272727273|0.03|169|
|OLO|OLO.N|Olo|2024 Q3|71.42857142857143|-0.02|169|

2. **Second Quarter Improvement**: By the second quarter of 2024, OLO's financial performance had significantly improved. The company's focus on cost management and revenue growth contributed to a better operating profitability.
3. **Analysts' Expectations**: Analysts anticipated a positive earnings report for the quarter ending on May 7, 2024, with an expected EPS of $0.05 per share. This suggests a strong recovery from the previous quarter's loss.
4. **Stock Reaction**: OLO's stock showed a positive reaction to the company's performance, with a jump in stock price following the announcement of strong financial results for 2023. This optimism carried over to the second quarter, as evidenced by the rating upgrade and increased investor confidence.
5. **Future Outlook**: The company's guidance for FY 2024 and Q1 2024 at EPS indicates a positive forecast, suggesting that the improved EPS trend is likely to continue. The successful integration of new POS technology and the broad reach of its platform are expected to support further growth.

In conclusion, OLO's 2024 EPS trend has shown a significant improvement from a negative to a positive outlook, with strong performance in the second quarter and positive expectations for the future.