Latham Group Inc reports results for the quarter ended in June - Earnings Summary

Latham

11/08/2022 14:33

* Latham Group Inc  SWIM.OQ  reported quarterly adjusted
earnings
of 21 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 21 cents per share.
    * Revenue rose 14.3% to $206.80 million from a year ago;
analysts
expected $219.84 million. 
    * Latham Group Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Latham Group Inc shares had fallen by 11.4% this
quarter and
lost 75.5% so far this year.
    * The company reported quarterly net income of $4.3 million.
    * Wall Street's median 12-month price target for Latham
Group Inc
is $12.50 
    * 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." 

This summary was machine generated from Refinitiv data August 11
at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.21           0.21           Met
 Mar. 31 2022      0.13           0.28           Beat
 Dec. 31 2021      0.06           0.20           Beat
 Sep. 30 2021      0.15           0.23           Beat