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

Hayward Holdings

03/05/2024 10:07

* Hayward Holdings Inc  HAYW.N  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 7 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 8 cents per share. Wall
Street expected results to range from 7 cents to 9 cents per
share.
    * Revenue rose 1.2% to $212.57 million from a year ago;
analysts
expected $209.04 million. 
    * Hayward Holdings Inc's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $9.84
million.
    * Hayward Holdings Inc shares had fallen by 10.4% this
quarter and
gained 0.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 $15.00 
This summary was machine generated from LSEG data May 3 at 09:07
a.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
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.18           0.20           Beat
 Sep. 30 2023      0.08           0.09           Beat
 Jun. 30 2023      0.16           0.19           Beat