Latham Group Inc expected to post a loss of 6 cents a share - Earnings Preview
05/05/2023 19:34
* Latham Group Inc SWIM.OQ SWIM.O is expected to show a
fall
in quarterly revenue when it reports results on May 9.
* The Latham New York-based company is expected to report
a
35.7% decrease in revenue to $123.187 million from $191.61
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
March 7 2023, for the period ended March 31, was for revenue
between $120.00 million and $130.00 million.
* Refinitiv's mean analyst estimate for Latham Group Inc is
for a
loss of 6 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 11.2%
in the last three months.
* Wall Street's median 12-month price target for Latham
Group Inc
is $4.5, above its last closing price of $2.26.
The company's guidance on March 7 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD120 million and USD10 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Dec. 31 2022 -0.07 -0.07 -0.05 Beat 32.4
Sep. 30 2022 0.16 0.17 0.25 Beat 48.3
Jun. 30 2022 0.23 0.21 0.21 Met 0.6
Mar. 31 2022 0.14 0.13 0.28 Beat 117.5
Dec. 0.07 0.06 0.20 Beat 255.6
31 2021
Sep. 30 2021 0.15 0.15 0.23 Beat 58.6
Jun. 30 2021 0.15 0.15 0.18 Beat 21.4
Mar. 31 2021 0.10 0.10 0.11 Beat 7.8
This summary was machine generated May 5 at 18:33 GMT. All
figures in US dollars unless otherwise stated