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

Holley

10/08/2023 14:31

* Holley Inc  HLLY.N  reported quarterly adjusted earnings
of 14
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 7 cents per share.
    * Revenue fell 2.3% to $175.26 million from a year ago;
analysts
expected $172.61 million. 
    * Holley Inc's reported EPS for the quarter was 11 cents​.
    * The mean earnings estimate of analysts had risen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Holley Inc shares had risen by 51.8% this quarter and
gained 192.9% so far this year.
    * The company reported quarterly net income of $12.98
million.
    * Wall Street's median 12-month price target for Holley Inc
is
$6.38 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.07           0.14           Beat
 Mar. 31 2023      0.02           0.05           Beat
 Dec. 31 2022      -0.09          -0.19          Missed
 Sep. 30 2022      0.06           -0.03          Missed