Rocky Brands Inc reports results for the quarter ended in January - Earnings Summary

Rocky Brands

30/04/2024 23:42

* Rocky Brands Inc  RCKY.OQ  reported quarterly adjusted
earnings
of 41 cents​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of -12 cents.  The mean expectation of three analysts for the
quarter was for earnings of 2 cents per share. Wall Street
expected results to range from -4 cents to 8 cents per share.
    * Revenue rose 2.2% to $112.91 million from a year ago;
analysts
expected $106.37 million. 
    * Rocky Brands Inc's reported EPS for the quarter was 34
cents​.
    * Rocky Brands Inc shares had fallen by 0.2% this
quarter and
lost 10.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 90.8%
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," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the footwear peer
group
is also "hold"

Wall Street's median 12-month price target for Rocky Brands Inc
is $26.00 
This summary was machine generated from LSEG data April 30 at
10:42 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 2024      0.02           0.41           Beat
 Dec. 31 2023      1.02           0.98           Missed
 Sep. 30 2023      0.56           1.09           Beat
 Jun. 30 2023      -0.18          0.00           Beat