Whole Earth Brands Inc expected to post a loss of 15 cents a share - Earnings Preview

Whole Earth Brands

08/05/2023 19:34

* Whole Earth Brands Inc  FREE.OQ   FREE.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 10. 
    * The Chicago Illinois-based  company is expected to report 
a
3.1% increase in revenue to $134.685 million from $130.59
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Whole Earth Brands
Inc is
for a loss of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "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 Whole Earth
Brands Inc is $7​, above​ its last closing price of $2.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.02       0.00       -0.33     Missed  -13,30
                                                        0
 Sep. 30 2022  0.08        0.08       -0.06     Missed  -175
 Jun. 30 2022  0.13        0.10       0.03      Missed  -69.2​
 Mar. 31 2022  0.01        0.06       0.07      Beat    16.7
 ​​Dec.        0.07        0.20       -0.01     Missed  -105
 31 2021                                                
 Sep. 30 2021  0.18        0.20       0.17      Missed  -13.3​
 Jun. 30 2021  0.16        0.16       0.09      Missed  -44.6
 Mar. 31 2021  0.17        0.19       -0.31     Missed  -267.6
 This summary was machine generated May 8 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated