Sharkninja Inc expected to post earnings of 62 cents a share - Earnings Preview

Sharkninja

06/08/2024 19:33

* Sharkninja Inc  SN.N   SN  is expected to show a rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Needham Massachusetts-based  company is expected to
report a
14.5% increase in revenue to $1.089 billion from $950.31 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Sharkninja Inc is for
earnings
of 62 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sharkninja
Inc is
$90.00​, above​ its last closing price of $72.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.01        0.99       1.06      Beat    6.8
 Dec. 31 2024  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 August 6 at 18:32 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)