Cricut Inc reports results for the quarter ended June 30 - Earnings Summary
Cricut Inc reports results for the quarter ended June 30 - Earnings Summary
Cricut Inc CRCT.OQ reported quarterly adjusted earnings of 19 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of three analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 5 cents to 6 cents per share.
Revenue fell 9.2% to $156.29 million from a year ago; analysts expected $163.28 million.
Cricut Inc's reported EPS for the quarter was 19 cents.
The company reported quarterly net income of $39.05 million.
Cricut Inc shares had risen by 9.1% this quarter and lost 3.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 26.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the integrated hardware & software peer group is "hold."
Wall Street's median 12-month price target for Cricut Inc is $3.75, about 27.7% below its last closing price of $4.79
This summary was machine generated from LSEG data August 4 at 09:50 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.06 | 0.19 | Beat |
Mar. 31 2026 | 0.04 | 0.10 | Beat |
Dec. 31 2025 | 0.03 | 0.04 | Beat |
Sep. 30 2025 | 0.04 | 0.10 | Beat |
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