Vista Outdoor Inc expected to post earnings of 96 cents a share - Earnings Preview

Vista Outdoor

03/08/2024 24:31

* Vista Outdoor Inc  VSTO.N   VSTO.K  is expected to show a
fall
in quarterly revenue when it reports  results on August 5 for
the period ending June 30 2024
    * The Anoka Minnesota-based  company is expected to report a
5.2% decrease in revenue to $657.566 million from $693.33
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vista Outdoor Inc is for
earnings of 96 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Vista
Outdoor Inc
is $41.04​, above​ its last closing price of $39.88. ​​​

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  0.93        0.94       1.02      Beat    8.2
 Dec. 31 2024  0.81        0.81       0.80      Missed  -1.5
 Sep. 30 2023  0.99        1.02       0.96      Missed  -5.9​
 Jun. 30 2023  1.05        1.03       1.12      Beat    8.3
 ​​Mar.        0.90        0.90       1.08      Beat    20.3
 31 2023                                                
 Dec. 31 2022  1.12        1.12       1.30      Beat    15.6​
 Jan. 1 0001   1.71        1.69       1.71      Beat    1.3
 Jun. 30 2022  1.89        1.88       2.31      Beat    22.6
 This summary was machine generated August 2 at 23:31 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)