Waldencast PLC reports results for the quarter ended September 30 - Earnings Summary

Waldencast

22/11/2024 07:20

* Waldencast PLC  WALD.OQ  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended September 30.  The
mean expectation of three analysts for the quarter was for a
loss of 5 cents per share. Wall Street expected results to range
from -9 cents to -1 cents per share.
    * Revenue was $70.20 million​; analysts expected $68.73
million. 
    * Waldencast PLC's reported EPS for the quarter was a loss
of 11
cents​.
    * The company reported a quarterly loss of $13.15 million.
    * Waldencast PLC shares had fallen by 5.5% this quarter and
lost 68.6% 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 4 "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
$6.00 
This summary was machine generated from LSEG data November 22 at
07:20 a.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
 Sep. 30 2024      -0.05          -0.11          Missed
 Jun. 30 2024      -0.03          -0.05          Missed