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

Hayward Holdings

30/07/2024 15:23

* Hayward Holdings Inc  HAYW.N  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of 19 cents.  The mean expectation of
nine analysts for the quarter was for earnings of 20 cents per
share. Wall Street expected results to range from 19 cents to 21
cents per share.
    * Revenue rose 0.3% to $284.39 million from a year ago;
analysts
expected $282.58 million. 
    * Hayward Holdings Inc's reported EPS for the quarter was 17
cents​.
    * The company reported quarterly net income of $37.58
million.
    * Hayward Holdings Inc shares had risen by 9.7% this
quarter and
lost 0.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.4%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
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 July 30 at
02:23 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 2024      0.20           0.21           Beat
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.18           0.20           Beat
 Sep. 30 2023      0.08           0.09           Beat