Sharkninja Inc expected to post earnings of $1.14 a share - Earnings Preview

Sharkninja

29/10/2024 13:43

* Sharkninja Inc  SN.N   SN  is expected to show a rise in
quarterly revenue when it reports  results on October 31 for the
period ending September 30 2024
    * The Needham Massachusetts-based  company is expected to
report a
23.7% increase in revenue to $1.324 billion from $1.07 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Sharkninja Inc is for
earnings
of $1.14 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Sharkninja
Inc is
$121.50​, above​ its last closing price of $111.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.64        0.62       0.71      Beat    14.7
 Jan. 1 2024   1.01        0.99       1.06      Beat    6.8
 Dec. 31 2023  0.86        0.86       0.94      Beat    9​
 Sep. 30 2023  0.81        0.81       0.95      Beat    16.8
 ​​                                   0.47              
                                      2.38              ​
 This summary was machine generated October 29 at 13:43 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)