Vestis Corp expected to post earnings of 22 cents a share - Earnings Preview

Vestis

05/02/2024 16:02

* Vestis Corp  VSTS.N   VSTS.K  is expected to report
resultson
February 7 for the period ending December 31 2023
    * The Roswell Georgia-based  company is expected to report
revenue
of $724.723 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
22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 14.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Vestis Corp
is
$24.00​, above​ its last closing price of $22.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.31        0.32                         
  2023                                                  
                                                        ​
 ​​                                                     
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 This summary was machine generated February 5 at 16:02 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)