Waldencast PLC reports results for the quarter ended in June - Earnings Summary

Waldencast

27/08/2024 23:31

* Waldencast PLC  WALD.OQ  reported a quarterly adjusted
loss of 5
cents​​ per share for the quarter ended in June.  The mean
expectation of three analysts for the quarter was for a loss
of 3 cents per share. Wall Street expected results to range from
-10 cents to 5 cents per share.
    * Revenue was $63.30 million​; analysts expected $58.30
million. 
    * Waldencast PLC's reported EPS for the quarter was a loss
of 5
cents​.
    * The company reported a quarterly loss of $6.18 million.
    * Waldencast PLC shares had fallen by 14.5% this quarter and
lost 71.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * 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 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "buy"

Wall Street's median 12-month price target for Waldencast PLC is
$6.50 
This summary was machine generated from LSEG data August 27 at
10:31 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
 Jun. 30 2024      -0.03          -0.05          Missed
 Sep. 30 2023      0.00