Leslie's Inc reports results for the quarter ended in January - Earnings Summary

Leslies

07/08/2024 22:52

* Leslie's Inc  LESL.OQ  reported quarterly adjusted
earnings of
34 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 41 cents.  The mean expectation of twelve analysts for the
quarter was for earnings of 32 cents per share. Wall Street
expected results to range from 29 cents to 33 cents per share.
    * Revenue fell 6.8% to $569.64 million from a year ago;
analysts
expected $569.97 million. 
    * Leslie's Inc's reported EPS for the quarter was 33 cents​.
    * The company reported quarterly net income of $60.65
million.
    * Leslie's Inc shares had fallen by 27.7% this quarter and
lost 56.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 24.7%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "hold"

Wall Street's median 12-month price target for Leslie's Inc is
$4.00 
This summary was machine generated from LSEG data August 7 at
09:51 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
 Jun. 30 2024      0.32           0.34           Beat
 Mar. 31 2024      -0.18          -0.17          Beat
 Dec. 31 2023      -0.21          -0.20          Beat
 Sep. 30 2023      0.18           0.14           Missed