LiveWire Group Inc reports results for the quarter ended in December - Earnings Summary

LiveWire

08/02/2024 15:30

* LiveWire Group Inc  LVWR.N  reported a quarterly adjusted
loss
of 16 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of -11 cents.  The lone analyst forecast for the quarter was
for a loss of 14 cents per share. 
    * Revenue was $15.09 million​; analysts expected $13.36
million. 
    * LiveWire Group Inc shares had fallen by 5.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 42.7%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "hold"

Wall Street's median 12-month price target for LiveWire Group
Inc is $11.70 
This summary was machine generated from LSEG data February 8 at
03:30 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      -0.14          -0.16          Missed
 Sep. 30 2023      -0.14          -0.07          Beat
 Jun. 30 2023      -0.12          -0.20          Missed
 Mar. 31 2023      -0.11          -0.10          Beat