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

LiveWire

25/07/2024 15:31

* LiveWire Group Inc  LVWR.N  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of -20 cents.  The lone analyst forecast for the quarter was
for a loss of 15 cents per share. 
    * Revenue was $6.45 million​; analysts expected $12.94
million. 
    * LiveWire Group Inc shares had fallen by 1.3% this
quarter and
lost 33.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.7%
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 $7.25 
This summary was machine generated from LSEG data July 25 at
02:31 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      -0.15          -0.12          Beat
 Mar. 31 2024      -0.14          -0.12          Beat
 Dec. 31 2023      -0.14          -0.16          Missed
 Sep. 30 2023      -0.14          -0.07          Beat