Boot Barn Holdings Inc expected to post earnings of 88 cents a share - Earnings Preview

Boot Barn Holdings

11/05/2024 24:22

* Boot Barn Holdings Inc  BOOT.N   BOOT.K  is expected
to show a
fall in quarterly revenue when it reports  results on May 14 for
the period ending March 31 2024
    * The Irvine California-based  company is expected to report
a
9.6% decrease in revenue to $384.892 million from $425.66
million a year ago, according to the mean estimate from 14
analysts, based on LSEG data.The company's guidance on January
31 2024, for the period ended March 31, was for revenue between
376.00 million and 386.00 million.
    * ​LSEG's mean analyst estimate for Boot Barn Holdings Inc
is for
earnings of 88 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"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 Boot Barn
Holdings Inc is $110.00​, above​ its last closing price
of $103.75. ​​​

The company's guidance on January 31 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between 34
million and 38 million.The company's guidance on January 31 2024
for the period ended March 31 was for gross profit margin of
35.2%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.79        1.79       1.81      Beat    1.1
 Sep. 30 2023  0.89        0.88       0.90      Beat    2.1
 Jan. 1 0001   0.85        0.84       1.13      Beat    34.8​
 Mar. 31 2023  1.41        1.44       1.53      Beat    6.6
 ​​Dec.        1.74        1.75       1.74      Missed  -0.7
 31 2022                                                
 Sep. 30 2022  0.91        0.90       1.06      Beat    17.3​
 Jun. 30 2022  1.15        1.14       1.29      Beat    12.8
 Mar. 31 2022  1.35        1.32       1.47      Beat    11.3
 This summary was machine generated May 10 at 23:22 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)