Cricut Inc reports results for the quarter ended in December - Earnings Summary

Cricut

09/03/2022 24:05

* Cricut Inc  CRCT.OQ  reported quarterly adjusted earnings
of 5
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
22 cents per share.
    * Revenue rose 4.5% to $387.83 million from a year ago; 
analysts
expected $407.51 million. 
    * Cricut Inc's reported EPS for the quarter was 5 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cricut Inc shares had fallen by 36.6% this quarter.
    * The company reported quarterly net income of $11.92
million.
    * Wall Street's median 12-month price target for Cricut Inc
is
$30.00 
    * 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." 

This summary was machine generated March 9 at 12:05 a.m.  ​All
figures in US dollars unless otherwise stated