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

Latham

10/11/2022 14:33

* Latham Group Inc  SWIM.OQ  reported quarterly adjusted
earnings
of 25 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue rose 16.9% to $189.40 million from a year ago;
analysts
expected $190.89 million. 
    * Latham Group Inc's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 23.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Latham Group Inc shares had risen by 8.4% this quarter and
lost 84.5% so far this year.
    * The company reported quarterly net income of $11.88
million.
    * Wall Street's median 12-month price target for Latham
Group Inc
is $8.00 
    * 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 November
10 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.17           0.25           Beat
 Jun. 30 2022      0.21           0.21           Met
 Mar. 31 2022      0.13           0.28           Beat
 Dec. 31 2021      0.06           0.20           Beat