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

Lazydays Holdings

16/05/2024 14:51

* Lazydays Holdings Inc  GORV.OQ  reported a quarterly
adjusted
loss of $1.63​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of -17 cents.  The mean expectation of four analysts for the
quarter was for a loss of 44 cents per share. Wall Street
expected results to range from -76 cents to -14 cents per share.
    * Revenue fell 8.5% to $270.59 million from a year ago;
analysts
expected $273.77 million. 
    * Lazydays Holdings Inc's reported EPS for the quarter was a
loss
of $1.67​.
    * The company reported a quarterly loss of $23.96 million.
    * Lazydays Holdings Inc shares had fallen by 9.2% this
quarter and
lost 48.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 109.5% 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 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 $8.50 
This summary was machine generated from LSEG data May 16 at
01:51 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 2024      -0.44          -1.63          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