Cricut Inc expected to post earnings of 6  cents a share - Earnings Preview

Cricut

05/08/2023 03:04

* Cricut Inc  CRCT.OQ   CRCT.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8. 
    * The South Jordan Utah-based  company is expected to report
 a
3.9% decrease in revenue to $176.5 million from $183.76 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 6 cents per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"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
$6​, below​ its last closing price of $10.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.07        0.07       0.04      Missed  -42.9
 Dec. 31 2023  0.06        0.06       0.05      Missed  -20
 Sep. 30 2022  0.07        0.07       0.06      Missed  -15.8​
 Jun. 30 2022  0.08        0.09       0.06      Missed  -30.7
 ​​Mar.        0.11        0.11       0.11      Met     -3
 31 2022                                                
 Dec. 31 2021  0.22        0.22       0.05      Missed  -77.3​
 Sep. 30 2021  0.15        0.16       0.13      Missed  -17.2
 Jun. 30 2021  0.20        0.20       0.22      Beat    7.6
 This summary was machine generated August 5 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated