Holley Inc expected to post earnings of 2  cents a share - Earnings Preview

Holley

09/05/2023 19:03

* Holley Inc  HLLY.N   HLLY.K  is expected to show a fall in
quarterly revenue when it reports  results on May 11. 
    * The Bowling Green Kentucky-based  company is expected to
report 
a 18.7% decrease in revenue to $162.673 million from $200.06
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Holley Inc is for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 47.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Holley Inc
is
$3.25​, above​ its last closing price of $2.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.09       -0.09      -0.19     Missed  -114.5
 Sep. 30 2022  0.05        0.06       -0.03     Missed  -162.8
 Jun. 30 2022  0.13        0.18       0.11      Missed  -38.9​
 Mar. 31 2022  0.15        0.15       0.19      Beat    26.7
 ​​Dec.        0.10        0.12       0.08      Missed  -33.3
 31 2021                                                
 Sep. 30 2021  0.13        0.14       0.12      Missed  -11.1​
 Jun. 30 2021              0.16                         
 This summary was machine generated May 9 at 18:03 GMT.  All
figures in US dollars  unless otherwise stated