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Allbirds Inc reports results for the quarter ended March 31 - Earnings Summary

Allbirds Inc BIRD.OQ reported a quarterly adjusted loss of $2.73​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-3.40.  The mean expectation of five analysts for the quarter was for a loss of $3.83 per share. Wall Street expected results to range from $-3.94 to $-3.72 per share.

Revenue fell 18.3% to $32.11 million from a year ago; analysts expected $30.01 million.

Allbirds Inc's reported EPS for the quarter was a loss of $2.73​.

The company reported a quarterly loss of $21.88 million.

Allbirds Inc shares had fallen by 15.4% this quarter and lost 21.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 28.4% 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 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the footwear peer group is also "hold"

Wall Street's median 12-month price target for Allbirds Inc is $10.00

This summary was machine generated from LSEG data May 8 at 11:38 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-3.83-2.73Beat
Dec. 31 2024-3.43-3.23Beat
Sep. 30 2024-3.18-2.68Beat
Jun. 30 2024-3.50-2.40Beat

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