Solo Brands Inc expected to post breakeven results a share - Earnings Preview

Solo Brands

07/05/2024 16:39

* Solo Brands Inc  DTC.N   DTC  is expected to show a fall
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Grapevine Texas-based  company is expected to report a
10.1% decrease in revenue to $79.283 million from $88.21 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Solo Brands Inc is for
breakeven results per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Solo Brands
Inc
is $3.00​, above​ its last closing price of $1.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.16        0.17       0.13      Missed  -22.9
 Sep. 30 2023  0.11        0.11       0.28      Beat    151.6
 Jun. 30 2023  0.21        0.21       0.22      Beat    2.7​
 Mar. 31 2023  0.05        0.09       0.16      Beat    72.4
 ​​Sep.        0.23        0.23       0.33      Beat    45.6
 30 2022                                                
 Sep. 30 2022  0.07        0.07       0.15      Beat    123.3​
 Jun. 30 2022  0.30        0.29       0.40      Beat    36.2
 Mar. 31 2022  0.08        0.08       0.19      Beat    135.1
 This summary was machine generated May 7 at 15:38 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)