Purple Innovation Inc PRPL.OQ PRPL.O is expected to show a fall in quarterly revenue when it reports results on November 4 for the period ending September 30 2024
The Lehi Utah-based company is expected to report a 9.6% decrease in revenue to $126.618 million from $140 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.
LSEG's mean analyst estimate for Purple Innovation Inc is for a loss of 10 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "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 Purple Innovation Inc is $1.50, above its last closing price of $0.91.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | -0.13 | -0.12 | -0.13 | Missed | -7.8 |
Mar. 31 0001 | -0.16 | -0.16 | -0.19 | Missed | -17.8 |
Dec. 31 2023 | -0.18 | -0.18 | -0.15 | Beat | 16.1 |
Sep. 30 2023 | -0.04 | -0.02 | -0.18 | Missed | -620 |
Jun. 30 2023 | -0.12 | -0.11 | -0.20 | Missed | -73.9 |
Mar. 31 2023 | -0.13 | -0.13 | -0.12 | Beat | 5.3 |
Jan. 1 0001 | -0.06 | -0.06 | -0.10 | Missed | -69.8 |
Jan. 1 0001 | -0.07 | -0.05 | 0.03 | Beat | 163.2 |
This summary was machine generated November 2 at 03:56 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)