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Lazydays Holdings Inc reports results for the quarter ended in June - Earnings Summary
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Lazydays Holdings Inc reports results for the quarter ended in June - Earnings Summary
  • Lazydays Holdings Inc GORV.OQ reported a quarterly adjusted loss of $1.42​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of three analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -68 cents to 25 cents per share.

  • Revenue fell 22.6% to $238.69 million from a year ago; analysts expected $303.80 million.

  • Lazydays Holdings Inc's reported EPS for the quarter was a loss of $3.22​.

  • The company reported a quarterly loss of $44.22 million.

  • Lazydays Holdings Inc shares had fallen by 4.3% this quarter and lost 65.5% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 2,333.3% in the last three months.​

  • In the last 30 days, one analyst revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and "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 Lazydays Holdings Inc is $8.00

This summary was machine generated from LSEG data August 16 at 01:31 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

Jun. 30 2024

-0.24

-1.42

Missed

Mar. 31 2024

-0.44

-1.63

Missed

Dec. 31 2023

-0.66

-1.09

Missed

Sep. 30 2023

0.10

-0.48

Missed

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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