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

Cricut

12/08/2021 22:58

* Cricut Inc  CRCT.OQ  reported quarterly adjusted earnings of
22 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
20 cents per share.
* Revenue was $334.49 million​;  analysts expected $319.08
million. 
* Cricut Inc's reported EPS for the quarter was 22 cents​.
* The mean earnings estimate of analysts had risen by
about 15.9% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Cricut Inc shares had fallen by 21.5% this quarter.
* The company reported quarterly net income of $49.13 million.
* Wall Street's median 12-month price target for Cricut Inc is
$38.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 12 at 09:58 p.m.  ​All
figures in US dollars unless otherwise stated