Vestis Corp expected to post earnings of 11 cents a share - Earnings Preview

Vestis

05/08/2024 15:48

* Vestis Corp  VSTS.N   VSTS.K  is expected to report
resultson
August 7 for the period ending June 30 2024
    * The Roswell Georgia-based  company is expected to report
revenue
of $689.113 million, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vestis Corp is for
earnings of
11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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 Vestis Corp
is
$12.34​, below​ its last closing price of $12.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.22        0.22       0.13      Missed  -40.8
 Dec. 31 2024  0.21        0.22       0.22      Met     1.6
 Sep. 30 2023  0.32        0.32       0.55      Beat    69.8​
 ​​                                                     
                                                        ​
 This summary was machine generated August 5 at 14:48 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)