Solo Brands Inc expected to post earnings of 3 cents a share - Earnings Preview

Solo Brands

06/11/2024 14:10

* Solo Brands Inc  DTC.N   DTC  is expected to show a fall
in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Southlake Texas-based  company is expected to report a
16.1% decrease in revenue to $92.612 million from $110.32
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
earnings of 3 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Solo Brands
Inc
is $2.00​, above​ its last closing price of $1.43. ​​​

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  0.12        0.13       0.04      Missed  -68.9
 Mar. 31 2024  -0.01       0.00       0.03      Beat    1,223.
                                                        6
 Jan. 1 0001   0.16        0.17       0.13      Missed  -22.9​
 Jan. 1 0001   0.11        0.11       0.28      Beat    151.6
 ​​Jun.        0.21        0.21       0.22      Beat    2.7
 30 2023                                                
 Mar. 31 2023  0.05        0.09       0.16      Beat    72.4​
 Dec. 31 2022  0.23        0.23       0.33      Beat    45.6
 Jan. 1 0001   0.07        0.07       0.15      Beat    123.3
 This summary was machine generated November 6 at 14:10 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)