Whole Earth Brands Inc expected to post breakeven results a share - Earnings Preview

Whole Earth Brands

10/03/2023 14:28

* Whole Earth Brands Inc  FREE.OQ   FREE.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 13. 
    * The Chicago Illinois-based  company is expected to report 
a
4.7% increase in revenue to $138.888 million from $132.71
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Whole Earth Brands
Inc is
for breakeven results 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 $8​, above​ its last closing price of $2.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.07        0.20       -0.01     Missed  -105
 ​​Sep.        0.18        0.20       0.17      Missed  -13.3
 30 2021                                                
 Jun. 30 2021  0.16        0.16       0.09      Missed  -44.6​
 Mar. 31 2021  0.17        0.19       -0.31     Missed  -267.6
 Dec. 31 2020  0.18        0.18       -0.13     Missed  -172.2
 This summary was machine generated March 10 at 14:28 GMT.  All
figures in US dollars  unless otherwise stated