Canada Goose Holdings Inc reports results for the quarter ended in March - Earnings Summary

Canada Goose Holdings

16/05/2024 14:31

* Canada Goose Holdings Inc  GOOS.TO  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 14 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 7 cents per
share. Wall Street expected results to range from 1 cents to 12
cents per share.
    * Revenue rose 22.1% to C$358.00 million from a year ago;
analysts
expected $315.49 million. 
    * Canada Goose Holdings Inc's reported EPS for the quarter
was 5
cents​.
    * The company reported quarterly net income of $5 million.
    * Canada Goose Holdings Inc shares had fallen by 5.0% this
quarter and lost 1.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories peer group is also "hold"

Wall Street's median 12-month price target for Canada Goose
Holdings Inc is C$15.50 
This summary was machine generated from LSEG data May 16 at
01:30 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.07           0.19           Beat
 Dec. 31 2023      1.37           1.37           Met
 Sep. 30 2023      -0.22          0.16           Beat
 Jun. 30 2023      -0.86          -0.70          Beat