Conn's Inc reports results for the quarter ended in January - Earnings Summary

Conn's

11/04/2024 14:31

* Conn's Inc  CONN.OQ  reported a quarterly adjusted loss of
$1.25​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of
$-1.55.  The lone analyst forecast for the quarter was for a
loss of $1.57 per share. 
    * Revenue rose 9.3% to $366.08 million from a year ago;
analysts
expected $422.40 million. 
    * Conn's Inc's reported EPS for the quarter was $1.75​.
    * The company reported quarterly net income of $43.3
million.
    * Conn's Inc shares had fallen by 4.8% this quarter and
lost 28.2%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 20.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the computer &
electronics retailers peer group is also "strong buy"

Wall Street's median 12-month price target for Conn's Inc is
$5.50 
This summary was machine generated from LSEG data April 11 at
01:31 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
 Jan. 31 2024      -1.57          -1.25          Beat
 Oct. 31 2023      -1.46          -2.03          Missed
 Jul. 31 2023      -1.53          -1.39          Beat
 Apr. 30 2023      -1.33          -1.52          Missed