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

Holley

09/03/2023 20:31

* Holley Inc  HLLY.N  reported a quarterly adjusted loss
of 19
cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue fell 14.3% to $154.17 million from a year ago;
analysts
expected $155.48 million. 
    * Holley Inc's reported EPS for the quarter was a loss of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 663.8% in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * Holley Inc shares had fallen by 6.6% this quarter.
    * The company reported a quarterly loss of $15.23 million.
    * Wall Street's median 12-month price target for Holley Inc
is
$3.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 08:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          -0.19          Missed
 Sep. 30 2022      0.06           -0.03          Missed
 Jun. 30 2022      0.18           0.11           Missed
 Mar. 31 2022      0.15           0.19           Beat