Cricut Inc expected to post earnings of 4 cents a share - Earnings Preview

Cricut

28/02/2025 21:36

Cricut Inc CRCT.OQ CRCT.O is expected to show a fall in quarterly revenue when it reports  results on March 4 for the period ending December 31 2024

The South Jordan Utah-based  company is expected to report a 6.4% decrease in revenue to $216.472 million from $231.25 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Cricut Inc is for earnings of 4 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "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. ‚Äč

Wall Street's median 12-month price target for Cricut Inc is $4.88‚Äč, below‚Äč its last closing price of $5.48. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.05
0.05
0.05
Met
1.5
Jun. 30 2024
0.05
0.05
0.09
Beat
80.9
Mar. 31 2024
0.06
0.06
0.09
Beat
62.9‚Äč
Dec. 31 2023
0.05
0.05
0.05
Met
-6.8
‚Äč‚ÄčSep. 30 2023
0.07
0.07
0.08
Beat
13.9
Jun. 30 2023
0.06
0.06
0.07
Beat
17.3‚Äč
Mar. 31 2023
0.07
0.07
0.04
Missed
-42.9
Dec. 31 2022
0.06
0.06
0.05
Missed
-20

This summary was machine generated February 28 at 21:36 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)