Stryve Foods Inc reports results for the quarter ended in December - Earnings Summary

Stryve Foods

01/04/2024 23:21

* Stryve Foods Inc  SNAX.OQ  reported a quarterly adjusted
loss of
$1.90​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of
$-2.10.  The lone analyst forecast for the quarter was for a
loss of $1.96 per share. 
    * Revenue fell 46.6% to $2.89 million from a year ago;
analysts
expected $5.01 million. 
    * Stryve Foods Inc's reported EPS for the quarter was a loss
of
$2.19​.
    * The company reported a quarterly loss of $5.31 million.
    * Stryve Foods Inc shares had held steady so far this
quarter and
lost 43.8% 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." 
    * Wall Street's median 12-month price target for Stryve
Foods Inc
is $18.00 

This summary was machine generated from LSEG data April 1 at
10:20 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      -1.96          -1.90          Beat
 Sep. 30 2023      -1.65          -1.81          Missed
 Jun. 30 2023      -1.87          -1.87          Met
 Mar. 31 2023      -2.40          -2.25          Beat