Latham Group Inc reports results for the quarter ended March 31 - Earnings Summary
06/05/2025 22:02
Latham Group Inc SWIM.OQ reported a quarterly adjusted loss of 3 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of eight analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -4 cents per share. Revenue rose 0.7% to $111.42 million from a year ago; analysts expected $111.08 million. Latham Group Inc's reported EPS for the quarter was a loss of 5 cents. The company reported a quarterly loss of $5.96 million. Latham Group Inc shares had fallen by 5.6% this quarter and lost 12.8% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 53% in the last three months. In the last 30 days, two analysts negatively revised earnings estimates 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 This summary was machine generated from LSEG data May 6 at 09:01 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 |
| Mar. 31 2025 | -0.05 | -0.03 | Beat |
| Dec. 31 2024 | -0.09 | -0.19 | Missed |
| Sep. 30 2024 | 0.07 | 0.08 | Beat |
| Jun. 30 2024 | 0.03 | 0.15 | Beat |