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

National Vision Holdings

07/08/2024 14:32

* National Vision Holdings Inc  EYE.OQ  reported quarterly
adjusted earnings of 15 cents​​ per share for the quarter ended
in June, lower than the same quarter last year, when the company
reported EPS of 17 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 9 cents per
share. Wall Street expected results to range from 4 cents to 13
cents per share.
    * Revenue fell 14% to $451.73 million from a year ago;
analysts
expected $452.36 million. 
    * National Vision Holdings Inc's reported EPS for the
quarter was
a loss of 4 cents​.
    * The company reported a quarterly loss of $3.13 million.
    * National Vision Holdings Inc shares had risen by 6.6% this
quarter and lost 33.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 25.4%
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 "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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 National Vision
Holdings Inc is $19.00 
This summary was machine generated from LSEG data August 7 at
01:32 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
 Jan. 1 0001       0.09           0.15           Beat
 Mar. 31 2024      0.27           0.32           Beat
 Dec. 31 2023                     -0.02          
 Sep. 30 2023      0.09           0.15           Beat