Allbirds Inc expected to post a loss of 22 cents a share - Earnings Preview

Allbirds

05/08/2023 03:14

* Allbirds Inc  BIRD.OQ   BIRD.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8. 
    * The San Francisco California-based  company is expected to
report  a 14.5% decrease in revenue to $66.813 million from
$78.17 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. The company's guidance on
May 9 2023, for the period ended June 30, was for revenue
between $64.00 million and $69.00 million.
    * ​Refinitiv's mean analyst estimate for Allbirds Inc is for
a
loss of 22 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Allbirds
Inc is
$2​, above​ its last closing price of $1.38. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 64 million and -20 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.24       -0.24      -0.21     Beat    13.8
 Dec. 31 2023  -0.13       -0.12      -0.12     Met     0
 Sep. 30 2022  -0.17       -0.17      -0.15     Beat    13.9​
 Jun. 30 2022  -0.16       -0.16      -0.12     Beat    23.5
 ​​Mar.        -0.13       -0.12      -0.15     Missed  -23.3
 31 2022                                                
 Dec. 31 2021  -0.09       -0.09      -0.09     Met     -2.1​
 Sep. 30 2021  -0.12       -0.12      -0.25     Missed  -108.3
 This summary was machine generated August 5 at 02:13 GMT.  All
figures in US dollars  unless otherwise stated