Vintage Wine Estates Inc expected to post earnings of 9  cents a share - Earnings Preview

Vintage Wine Estates

09/05/2023 03:04

* Vintage Wine Estates Inc  VWE.OQ   VWE.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 10. 
    * The Incline Village Nevada-based  company is expected to
report 
a 1.1% decrease in revenue to $82.699 million from $83.61
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. The company's guidance on April 24
2023, for the period ended December 31, was for revenue of
$78.000 million.
    * ​Refinitiv's mean analyst estimate for Vintage Wine
Estates Inc
is for earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 Vintage
Wine
Estates Inc is $4​, above​ its last closing price of $1.38. ​​​

The company's guidance on February 8 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD3.5 million.The company's
guidance on February 8 2023 for the period ended December 31 was
for gross profit margin of USD35%.
This summary was machine generated May 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated