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

Johnson Outdoors

05/08/2024 14:31

* Johnson Outdoors Inc  JOUT.OQ  reported quarterly adjusted
earnings of 16 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of $1.44.  The lone analyst forecast for the quarter was
for earnings of 22 cents per share. 
    * Revenue fell 7.8% to $172.47 million from a year ago;
analysts
expected $176.14 million. 
    * Johnson Outdoors Inc's reported EPS for the quarter was 16
cents​.
    * The company reported quarterly net income of $1.62
million.
    * Johnson Outdoors Inc shares had risen by 15.9% this
quarter and
lost 24.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 61.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Johnson
Outdoors
Inc is $52.00 

This summary was machine generated from LSEG data August 5 at
01:30 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.22           0.16           Missed
 Mar. 31 2024      1.12           0.21           Missed
 Dec. 31 2023      0.15           0.38           Beat
 Sep. 30 2023      -0.32          -1.56          Missed