Purple Innovation Inc expected to post a loss of 13 cents a share - Earnings Preview

Purple Innovation

07/03/2025 11:03

Purple Innovation Inc PRPL.OQ PRPL.O is expected to show a fall in quarterly revenue when it reports  results on March 10 (estimated) for the period ending December 31 2024

The Lehi Utah-based  company is expected to report a 11.3% decrease in revenue to $129.391 million from $145.94 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Purple Innovation Inc is for a loss of 13 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Purple Innovation Inc is $1.50​, above​ its last closing price of $0.73. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.10
-0.10
-0.08
Beat
20.8
Jun. 30 2024
-0.13
-0.12
-0.13
Missed
-7.8
Mar. 31 2024
-0.16
-0.16
-0.19
Missed
-17.8​
Dec. 31 2023
-0.18
-0.18
-0.15
Beat
16.1
​​Sep. 30 2023
-0.04
-0.02
-0.18
Missed
-620
Jun. 30 2023
-0.12
-0.11
-0.20
Missed
-73.9​
Mar. 31 2023
-0.13
-0.13
-0.12
Beat
5.3
Dec. 31 2022
-0.06
-0.06
-0.10
Missed
-69.8

This summary was machine generated March 7 at 11:03 GMT.  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)