Savers Value Village Inc SVV.N reported quarterly adjusted earnings of 14 cents per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 10 cents to 13 cents per share.
Revenue rose 7.9% to $417.21 million from a year ago; analysts expected $407.69 million.
Savers Value Village Inc's reported EPS for the quarter was 12 cents.
The company reported quarterly net income of $18.92 million.
Savers Value Village Inc shares had fallen by 3.7% this quarter and lost 4.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.3% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 $13.00, about 19.9% above its last closing price of $10.41
This summary was machine generated from LSEG data July 31 at 09:42 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)