Yeti Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

YETI Holdings

07/11/2024 14:47

* Yeti Holdings Inc  YETI.N  reported quarterly adjusted
earnings
of 71 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 60 cents.  The mean expectation of
sixteen analysts for the quarter was for earnings of 67 cents
per share. Wall Street expected results to range from 64 cents
to 71 cents per share.
    * Revenue rose 10.3% to $478.44 million from a year ago;
analysts
expected $471.29 million. 
    * Yeti Holdings Inc's reported EPS for the quarter was 66
cents​.
    * The company reported quarterly net income of $56.28
million.
    * Yeti Holdings Inc shares had fallen by 11.9% this
quarter and
lost 30.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
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." 
    * The average consensus recommendation for the recreational
products peer group is also "buy"

Wall Street's median 12-month price target for Yeti Holdings Inc
is 45.00 
This summary was machine generated from LSEG data November 7 at
02:46 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
 Sep. 30 2024      0.67           0.71           Beat
 Jun. 30 2024      0.64           0.70           Beat
 Mar. 31 2024      0.25           0.34           Beat
 Dec. 31 2023      0.96           0.90           Missed