Picture of Holley logo

HLLY Holley News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousSmall CapContrarian

Holley Inc reports results for the quarter ended December 31 - Earnings Summary

Holley Inc HLLY.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported breakeven earnings per share.  The mean expectation of nine analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from zero cents to 3 cents per share.

Revenue fell 10.1% to $140.05 million from a year ago; analysts expected $137.60 million.

Holley Inc's reported EPS for the quarter was a loss of 32 cents​.

The company reported a quarterly loss of $28.98 million.

Holley Inc shares had fallen by 20.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 12.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for Holley Inc is $5.00

This summary was machine generated from LSEG data March 11 at 02:53 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.020.11Beat
Sep. 30 20240.03-0.01Missed
Jun. 30 20240.090.10Beat
Mar. 31 20240.050.00Missed

Recent news on Holley

See all news