Hayward Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Hayward Holdings

29/10/2024 14:03

* Hayward Holdings Inc  HAYW.N  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 9 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 10 cents per share. Wall
Street expected results to range from 9 cents to 11 cents per
share.
    * Revenue rose 3.3% to $227.57 million from a year ago;
analysts
expected $222.88 million. 
    * Hayward Holdings Inc's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $16.5
million.
    * Hayward Holdings Inc shares had fallen by 3.5% this
quarter and
gained 8.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8% in
the last three months.​ 
    * In the last 30 days, two 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 $16.00 
This summary was machine generated from LSEG data October 29 at
02:03 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
 Sep. 30 2024      0.10           0.11           Beat
 Jun. 30 2024      0.20           0.21           Beat
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.18           0.20           Beat