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WeWork CEO Mathrani to step down

WeWork Inc said on Tuesday that Sandeep Mathrani would step down as the workspace provider's chief executive officer, effective May 26. Mathrani, a real estate industry veteran, was named WeWork CEO in 2020 and tasked with the company's turnaround following a botched IPO attempt and amid rising investor concerns over corporate governance standards. Separately, Sycamore
Anthony Yazbeck Sandeep Mathrani Daniel Hurwitz David Tolley Wework Inc Sycamore Partners

WeWork Inc. (NYSE:WE) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of WeWork Inc. (NYSE:WE – Get Rating) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target […]
United States Neuberger Berman Group Blackrock Inc Morgan Stanley Wework Inc Wework Company Profile

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WeWork (NYSE:WE) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

WeWork (NYSE:WE – Get Rating) posted its quarterly earnings data on Tuesday. The company reported ($0.34) earnings per share for the quarter, topping the consensus estimate of ($0.40) by $0.06, Briefing.com reports. The company had revenue of $849.00 million during the quarter, compared to the consensus estimate of $849.42 million. The firm’s revenue for the […]
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