Savers Value Village Inc reports results for the quarter ended in June - Earnings Summary

Savers Value Village

09/08/2024 07:48

* Savers Value Village Inc  SVV.N  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 22 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 20 cents per share. Wall Street
expected results to range from 18 cents to 21 cents per share.
    * Revenue rose 2% to $386.66 million from a year ago;
analysts
expected $391.08 million. 
    * Savers Value Village Inc's reported EPS for the quarter
was 6
cents​.
    * The company reported quarterly net income of $9.71
million.
    * Savers Value Village Inc shares had fallen by 20.9% this
quarter and lost 44.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "buy"

Wall Street's median 12-month price target for Savers Value
Village Inc is $14.00 
This summary was machine generated from LSEG data August 9 at
06:48 a.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      0.20           0.14           Missed
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.17           0.15           Missed
 Sep. 30 2023      0.19           0.16           Missed