Lazydays Holdings Inc reports results for the quarter ended in December - Earnings Summary

Lazydays Holdings

08/03/2024 14:33

* Lazydays Holdings Inc  GORV.OQ  reported a quarterly
adjusted
loss of $1.09​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of -24 cents.  The mean expectation of four analysts for the
quarter was for a loss of 66 cents per share. Wall Street
expected results to range from -81 cents to -53 cents per share.
    * Revenue fell 18.7% to $198.03 million from a year ago;
analysts
expected $228.02 million. 
    * Lazydays Holdings Inc's reported EPS for the quarter was a
loss
of $7.59​.
    * The company reported a quarterly loss of $109.18 million.
    * Lazydays Holdings Inc shares had fallen by 46.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "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 Lazydays Holdings
Inc is $9.50 
This summary was machine generated from LSEG data March 8 at
02:32 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
 Dec. 31 2023      -0.66          -1.09          Missed
 Sep. 30 2023      0.10           -0.48          Missed
 Jun. 30 2023      0.11           0.12           Beat
 Mar. 31 2023      0.14           -0.17          Missed