Boot Barn Holdings Inc expected to post earnings of $1.08 a share - Earnings Preview

Boot Barn Holdings

06/08/2024 03:05

* Boot Barn Holdings Inc  BOOT.N   BOOT.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Irvine California-based  company is expected to report
a
8.6% increase in revenue to $416.584 million from $383.7 million
a year ago, according to the mean estimate from 14 analysts,
based on LSEG data.The company's guidance on May 14 2024, for
the period ended June 30, was for revenue between $399.00
million and $407.00 million.
    * ​LSEG's mean analyst estimate for Boot Barn Holdings Inc
is for
earnings of $1.08 per share. The company's EPS guidance on May
14 2024, for the period ended June 30, was between $0.94 and
$1.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Boot Barn
Holdings Inc is $144.00​, above​ its last closing price
of $119.07. ​​​

The company's guidance on May 14 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD38.7
million and USD41.2 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.90        0.88       0.96      Beat    8.5
 Jan. 1 2024   1.79        1.79       1.81      Beat    1.1
 Sep. 30 2023  0.89        0.88       0.90      Beat    2.1​
 Jun. 30 2023  0.85        0.84       1.13      Beat    34.8
 ​​Mar.        1.41        1.44       1.53      Beat    6.6
 31 2023                                                
 Dec. 31 2022  1.74                   1.74              -0.7​
 Sep. 30 2022  0.91        0.90       1.06      Beat    17.3
 Jun. 30 2022  1.15        1.14       1.29      Beat    12.8
 This summary was machine generated August 6 at 02:05 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)