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

Stryve Foods

15/05/2024 18:06

* Stryve Foods Inc  SNAX.OQ  reported a quarterly adjusted
loss of
$1.20​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$-2.25.  The lone analyst forecast for the quarter was for a
loss of $1.76 per share. 
    * Revenue fell 1% to $4.60 million from a year ago; analysts
expected $4.51 million. 
    * Stryve Foods Inc's reported EPS for the quarter was a loss
of
$1.42​.
    * Stryve Foods Inc shares had risen by 28.8% this
quarter and
lost 27.7% so far this year.

FORECAST CHANGES
    * 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 food
processing
peer group is also "buy"

Wall Street's median 12-month price target for Stryve Foods Inc
is $4.00 
This summary was machine generated from LSEG data May 15 at
05:06 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
 Mar. 31 2024      -1.76          -1.20          Beat
 Dec. 31 2023      -1.96          -1.90          Beat
 Sep. 30 2023      -1.65          -1.81          Missed
 Jun. 30 2023      -1.87          -1.87          Met