Whole Earth Brands Inc expected to post a loss of 8 cents a share - Earnings Preview

Whole Earth Brands

07/08/2023 19:32

* Whole Earth Brands Inc  FREE.OQ   FREE.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 9. 
    * The Chicago Illinois-based  company is expected to report 
a
2.2% increase in revenue to $136.497 million from $133.5 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Whole Earth Brands
Inc is
for a loss of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $4.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.15       -0.15      -0.47     Missed  -203.2
 Dec. 31 2023  -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.        0.01        0.06       0.07      Beat    16.7
 31 2022                                                
 Dec. 31 2021  0.07        0.20       -0.01     Missed  -105​
 Sep. 30 2021  0.18        0.20       0.17      Missed  -13.3
 Jun. 30 2021  0.16        0.16       0.09      Missed  -44.6
 This summary was machine generated August 7 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated