Latham Group Inc expected to post a loss of 7 cents a share - Earnings Preview

Latham

03/03/2023 15:01

* Latham Group Inc  SWIM.OQ   SWIM.O  is expected to show a
fall
in quarterly revenue when it reports  results on March 7. 
    * The Latham New York-based  company is expected to report 
a
26.8% decrease in revenue to $101.66 million from $138.86
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Latham Group Inc is
for a
loss of 7 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Latham
Group Inc
is $5​, above​ its last closing price of $3.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.07        0.06       0.20      Beat    255.6
 ​​Sep.        0.15        0.15       0.23      Beat    58.6
 30 2021                                                
 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 March 3 at 15:01 GMT.  All
figures in US dollars  unless otherwise stated