Boot Barn Holdings Inc expected to post earnings of $1.79 a share - Earnings Preview

Boot Barn Holdings

29/01/2024 21:16

* Boot Barn Holdings Inc  BOOT.N   BOOT.K  is expected
to show a
rise in quarterly revenue when it reports  results on January 31
for the period ending December 31 2023
    * The Irvine California-based  company is expected to report
a
1.3% increase in revenue to $521.363 million from $514.55
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between 522.00 million and 532.00 million.
    * ​LSEG's mean analyst estimate for Boot Barn Holdings Inc
is for
earnings of $1.79 per share. The company's EPS guidance on
November 2 2023, for the period ended December 31, was between
1.67 and 1.79 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Boot Barn
Holdings Inc is $99.00​, above​ its last closing price
of $73.73. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
69.6 million and 74.8 million.The company's guidance on November
2 2023 for the period ended December 31 was for gross profit
margin between 37.9% and 38.2%.
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  0.89        0.88       0.90      Beat    2.1
 Jun. 30 2023  0.85        0.84       1.13      Beat    34.8
 Mar. 31 2023  1.41        1.44       1.53      Beat    6.6​
 Dec. 31 2022  1.74        1.75       1.74      Missed  -0.7
 ​​Sep.        0.91        0.90       1.06      Beat    17.3
 30 2022                                                
 Jun. 30 2022  1.15        1.14       1.29      Beat    12.8​
 Mar. 31 2022  1.35        1.32       1.47      Beat    11.3
 Dec. 31 2021  2.25        2.22       2.27      Beat    2.4
 This summary was machine generated January 29 at 21:15 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)