Latham Group Inc expected to post earnings of 7 cents a share - Earnings Preview

Reuters
2024-11-02

* Latham Group Inc is expected to show a fall in quarterly revenue when it reports results on November 5 for the period ending September 30 2024

* The Latham New York-based company is expected to report a 5.3% decrease in revenue to $152.303 million from $160.78 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Latham Group Inc is for earnings of 7 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 2 "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 Latham Group Inc is 5.75​, below​ its last closing price of $6.47. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.03 0.03 0.15 Beat 337.4

Mar. 31 2024 -0.08 -0.08 -0.03 Beat 63.3

Dec. 31 2023 -0.09 -0.06 0.05 Beat 177.8​

Jan. 1 0001 0.12 0.12 0.11 Missed -8.3

​​Jan. 0.09 0.10 0.10 Met -3.2

1 0001

Jan. 1 0001 -0.05 -0.05 -0.05 Met 3.8​

Dec. 31 2022 -0.07 -0.07 -0.05 Beat 32.4

Sep. 30 2022 0.16 0.17 0.25 Beat 48.3

This summary was machine generated November 2 at 04:01 GMT. 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)

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