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

Lazydays Holdings

16/08/2024 14:31

* Lazydays Holdings Inc  GORV.OQ  reported a quarterly
adjusted
loss of $1.42​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 12 cents.  The mean expectation of three analysts for the
quarter was for a loss of 24 cents per share. Wall Street
expected results to range from -68 cents to 25 cents per share.
    * Revenue fell 22.6% to $238.69 million from a year ago;
analysts
expected $303.80 million. 
    * Lazydays Holdings Inc's reported EPS for the quarter was a
loss
of $3.22​.
    * The company reported a quarterly loss of $44.22 million.
    * Lazydays Holdings Inc shares had fallen by 4.3% this
quarter and
lost 65.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2,333.3% 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 2 "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 $8.00 
This summary was machine generated from LSEG data August 16 at
01:31 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 2024      -0.24          -1.42          Missed
 Mar. 31 2024      -0.44          -1.63          Missed
 Dec. 31 2023      -0.66          -1.09          Missed
 Sep. 30 2023      0.10           -0.48          Missed