Purple Innovation Inc reports results for the quarter ended March 31 - Earnings Summary

Purple Innovation

06/05/2025 22:06

Purple Innovation Inc PRPL.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -19 cents.  The mean expectation of eight analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -17 cents to -11 cents per share.

Revenue fell 13.2% to $104.17 million from a year ago; analysts expected $104.16 million.

Purple Innovation Inc's reported EPS for the quarter was a loss of 18 cents​.

The company reported a quarterly loss of $19.14 million.

Purple Innovation Inc shares had fallen by 12.6% this quarter and lost 14.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 28.6% 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 2 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is also "hold"

Wall Street's median 12-month price target for Purple Innovation Inc is $1.00

This summary was machine generated from LSEG data May 6 at 09:06 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
Mar. 31 2025
-0.13
-0.11
Beat
Dec. 31 2024
-0.13
-0.07
Beat
Sep. 30 2024
-0.10
-0.08
Beat
Jun. 30 2024
-0.12
-0.13
Missed