Latham Group Inc expected to post a loss of 6 cents a share - Earnings Preview
08/03/2024 20:56
* Latham Group Inc SWIM.OQ SWIM.O is expected to show a
fall
in quarterly revenue when it reports results on March 12 for
the period ending December 31 2023
* The Latham New York-based company is expected to report a
19.2% decrease in revenue to $87.207 million from $107.92
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
* LSEG'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," 2
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Latham
Group Inc
is $3.50, above its last closing price of $3.34.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.12 0.12 0.11 Missed -8.3
Jun. 30 2023 0.09 0.10 0.10 Met -3.2
Mar. 31 2023 -0.05 -0.05 -0.05 Met 3.8
Dec. 31 2022 -0.07 -0.07 -0.05 Beat 32.4
Sep. 0.16 0.17 0.25 Beat 48.3
30 2022
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. 31 2021 0.07 0.06 0.20 Beat 255.6
This summary was machine generated March 8 at 20:56 GMT. 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)