Allbirds Inc expected to post a loss of $3.43 a share - Earnings Preview

Reuters
03-08
Allbirds Inc <bird.oq> expected to post a loss of $3.43 a share - Earnings Preview </bird.oq>
  • Allbirds Inc BIRD.OQ BIRD.O is expected to show a fall in quarterly revenue when it reports results on March 11 for the period ending December 31 2024

  • The San Francisco California-based company is expected to report a 22.4% decrease in revenue to $55.867 million from $71.99 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $53.00 million and $59.00 million.

  • ​LSEG's mean analyst estimate for Allbirds Inc is for a loss of $3.43 per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "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 Allbirds Inc is $9.00​, above​ its last closing price of $6.35. ​​​

The company's guidance on November 6 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 53 million and -21 million $(USD)$.The company's guidance on August 7 2024 for the period ended December 31 was for gross profit margin between USD44% and USD46%.

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-3.21

-3.18

-2.68

Beat

15.7

Jun. 30 2024

-3.40

-3.50

-2.40

Beat

31.4

Mar. 31 2024

-4.34

-4.33

-3.40

Beat

21.5​

Dec. 31 2023

-4.66

-4.60

-3.60

Beat

21.7

​​Sep. 30 2023

-4.27

-4.33

-3.60

Beat

16.9

Jun. 30 2023

-4.44

-4.40

-3.60

Beat

18.2​

Mar. 31 2023

-4.79

-4.87

-4.20

Beat

13.8

Dec. 31 2022

-2.55

-2.40

-2.40

Met

0

This summary was machine generated March 7 at 21:04 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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