Latham Group Inc reports results for the quarter ended June 30 - Earnings Summary
05/08/2025 23:39
Latham Group Inc SWIM.OQ reported quarterly adjusted earnings of 12 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of eight analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 10 cents to 15 cents per share. Revenue rose 7.8% to $172.64 million from a year ago; analysts expected $173.44 million. Latham Group Inc's reported EPS for the quarter was 13 cents. The company reported quarterly net income of $15.98 million. Latham Group Inc shares had risen by 5.6% this quarter and lost 3.2% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 3.6% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is also "buy" Wall Street's median 12-month price target for Latham Group Inc is $8.00, about 14.5% above its last closing price of $6.84 This summary was machine generated from LSEG data August 5 at 10:39 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 0.13 | 0.12 | Missed |
| Mar. 31 2025 | -0.05 | -0.03 | Beat |
| Dec. 31 2024 | -0.09 | -0.19 | Missed |
| Sep. 30 2024 | 0.07 | 0.08 | Beat |