Cricut Inc expected to post earnings of 22  cents a share - Earnings Preview

Cricut

04/03/2022 22:59

* Cricut Inc  CRCT.OQ   CRCT.O  is expected to show a rise
in
quarterly revenue when it reports  results on March 8. 
    * The South Jordan Utah-based  company is expected to report
 a
9.9% increase in revenue to $407.513 million from $370.97
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cricut Inc is for
earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 2 "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 Cricut Inc
is
$30​, about 47.8% above​ its last closing price of $15.65. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.15        0.16       0.13      Missed  -17.2
 Jun. 30 2021  0.20        0.20       0.22      Beat    7.6
 Mar. 31 2021  0.21        0.21       0.24      Beat    16.5​
 ​​                                                     
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 This summary was machine generated March 4 at 22:59 GMT.  All
figures in US dollars  unless otherwise stated