Latham Group Inc expected to post earnings of 21  cents a share - Earnings Preview

Latham

09/08/2022 14:31

* Latham Group Inc  SWIM.OQ   SWIM.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 11. 
    * The Latham New York-based  company is expected to report 
a
21.5% increase in revenue to $219.841 million from $180.89
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Latham Group Inc is
for
earnings of 21 cents per share. For the same quarter last year,
the company reported earnings of 18 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 $14​, above​ its last closing price of $6.54. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.14        0.13       0.28      Beat    117.5
 Dec. 31 2022  0.07        0.06       0.20      Beat    255.6
 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.        0.10        0.10       0.11      Beat    7.8
 31 2021                                                
                                                        ​
 This summary was machine generated August 9 at 13:30 GMT.  All
figures in US dollars  unless otherwise stated