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

Hayward Holdings

29/02/2024 19:38

* Hayward Holdings Inc  HAYW.N  reported quarterly adjusted
earnings of 20 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 11 cents.  The mean expectation of
nine analysts for the quarter was for earnings of 18 cents per
share. Wall Street expected results to range from 16 cents to 20
cents per share.
    * Revenue rose 7.5% to $278.47 million from a year ago;
analysts
expected $271.92 million. 
    * Hayward Holdings Inc's reported EPS for the quarter was 14
cents​.
    * The company reported quarterly net income of $31.04
million.
    * Hayward Holdings Inc shares had fallen by 3.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "hold"

Wall Street's median 12-month price target for Hayward Holdings
Inc is $14.00 
This summary was machine generated from LSEG data February 29 at
07:37 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
 Dec. 31 2023      0.18           0.20           Beat
 Sep. 30 2023      0.08           0.09           Beat
 Jun. 30 2023      0.16           0.19           Beat
 Mar. 31 2023      0.05           0.07           Beat