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

Holley

11/05/2023 14:33

* Holley Inc  HLLY.N  reported quarterly adjusted earnings
of 5
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 2 cents per share.
    * Revenue fell 13.9% to $172.21 million from a year ago;
analysts
expected $162.67 million. 
    * Holley Inc's reported EPS for the quarter was 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 80.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Holley Inc shares had fallen by 5.5% this quarter and
gained 22.2% so far this year.
    * The company reported quarterly net income of $4.25
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 May
11 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.02           0.05           Beat
 Dec. 31 2022      -0.09          -0.19          Missed
 Sep. 30 2022      0.06           -0.03          Missed
 Jun. 30 2022      0.18           0.11           Missed