Allbirds Inc expected to post a loss of 23 cents a share - Earnings Preview

Allbirds

08/03/2024 20:54

* Allbirds Inc  BIRD.OQ   BIRD.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 12 for the
period ending December 31 2023
    * The San Francisco California-based  company is expected to
report a 18.0% decrease in revenue to $69.058 million from
$84.18 million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on November
8 2023, for the period ended December 31, was for revenue
between $66.00 million and $72.00 million.
    * ​LSEG's mean analyst estimate for Allbirds Inc is for a
loss
of 23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 9
"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
$1.00​, above​ its last closing price of $0.89. ​​​

The company's guidance on November 8 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 66 million and -23
million (USD).The company's guidance on November 8 2023 for the
period ended December 31 was for gross profit margin of USD40%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.21       -0.22      -0.18     Beat    16.9
 Jun. 30 2023  -0.22       -0.22      -0.18     Beat    18.2
 Mar. 31 2023  -0.24       -0.24      -0.21     Beat    13.8​
 Dec. 31 2022  -0.13       -0.12      -0.12     Met     0
 ​​Sep.        -0.17       -0.17      -0.15     Beat    13.9
 30 2022                                                
 Jun. 30 2022  -0.16       -0.16      -0.12     Beat    23.5​
 Mar. 31 2022  -0.13       -0.12      -0.15     Missed  -23.3
 Dec. 31 2021  -0.09       -0.09      -0.09     Met     -2.1
 This summary was machine generated March 8 at 20:54 GMT.  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)