Spar Group Inc Reports Results For The Quarter Ended In December: Earnings Summary

Spar

01/04/2024 14:31

* SPAR Group Inc  SGRP.OQ  reported quarterly adjusted
earnings of
9 cents​​ per share for the quarter ended in December, identical
to the same quarter last year.  The lone analyst forecast for
the quarter was for a loss of one cent per share. 
    * Revenue rose 0.7% to $65.10 million from a year ago;
analysts
expected $65.00 million. 
    * SPAR Group Inc's reported EPS for the quarter was 9
cents​.
    * The company reported quarterly net income of $2.14
million.
    * SPAR Group Inc shares had held steady so far this
quarter and
lost 4.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is also "buy"

Wall Street's median 12-month price target for SPAR Group Inc is
$7.00 
This summary was machine generated from LSEG data April 1 at
01:31 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.01          0.09           Beat
 Sep. 30 2023      0.01           0.01           Met
 Jun. 30 2023      0.04           0.03           Missed
 Mar. 31 2023      0.00           0.04           Beat