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HLLY Holley News Story

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Holley Inc expected to post earnings of 5 cents a share - Earnings Preview

* Holley Inc  HLLY.N   HLLY.K  is expected to show a fall in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Bowling Green Kentucky-based  company is expected to
report
a 10.0% decrease in revenue to $154.935 million from $172.21
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Holley Inc is for
earnings of
5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 28.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Holley Inc
is
$7.75​, above​ its last closing price of $4.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.03        0.02       0.00      Missed  -100
 Sep. 30 2023  0.03        0.03       0.03      Met     -0.6
 Mar. 31 2023  0.07        0.07       0.14      Beat    114.4​
 Mar. 31 2023  0.02        0.01       0.05      Beat    263.6
 ​​Jan.        -0.09       -0.09      -0.19     Missed  -114.5
 1 0001                                                 
 Sep. 30 2022  0.05        0.06       -0.03     Missed  -162.8
                                                        ​
 Jun. 30 2022  0.13        0.18       0.11      Missed  -38.9
 Jan. 1 0001   0.15        0.15       0.19      Beat    26.7
 This summary was machine generated May 6 at 18:01 GMT.  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)

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