Yeti Holdings Inc reports results for the quarter ended in December - Earnings Summary

YETI Holdings

15/02/2024 14:32

* Yeti Holdings Inc  YETI.N  reported quarterly adjusted
earnings
of 90 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 78 cents.  The mean expectation of
sixteen analysts for the quarter was for earnings of 96 cents
per share. Wall Street expected results to range from 89 cents
to 99 cents per share.
    * Revenue rose 16% to $519.79 million from a year ago;
analysts
expected $535.95 million. 
    * Yeti Holdings Inc's reported EPS for the quarter was 90
cents​.
    * The company reported quarterly net income of $78.59
million.
    * Yeti Holdings Inc shares had fallen by 6.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Yeti
Holdings Inc
is $47.50 

This summary was machine generated from LSEG data February 15 at
02:32 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
 Dec. 31 2023      0.96           0.90           Missed
 Sep. 30 2023      0.55           0.60           Beat
 Jun. 30 2023      0.47           0.57           Beat
 Mar. 31 2023      0.16           0.18           Beat