Leslies Experiences Financial Challenges in Latest Earnings
Leslies Earnings Overview and Key Insights
The recent earnings report for Leslies (NASDAQ: LESL) has ignited discussions among investors. The results, released on a Monday, reveal significant challenges for the company moving forward.
Understanding Earnings Performance
Leslies reported earnings per share (EPS) of $0.02, which notably missed the analysts' estimate of $0.11 by a staggering margin of 82.0%. This discrepancy highlights the company's current struggles as it faces a tough financial landscape.
In addition to the disappointing EPS, the company also revealed a revenue decline of $34.51 million compared to the same quarter last year, raising eyebrows among investors and analysts alike.
Examining Previous Earnings Results
To put these results in perspective, it is helpful to review Leslies' performance in previous quarters. In Q3 of the previous year, the company missed EPS expectations by $0.08, yet saw a jump in share prices by 14% the following day, illustrating some resilience in investor confidence despite the earnings miss.
Below is a summary of Leslies' past earnings performance:
Earnings Results Comparison
Quarterly Performance Breakdown
Investors can gain a clearer understanding of the company's earnings trajectory by examining the numbers from prior quarters:
Quarterly Earnings Table
The table below presents a breakdown of estimates versus actual figures for the last four quarters:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023
EPS Estimate | 0.42 | -0.18 | -0.21 | 0.18
EPS Actual | 0.34 | -0.17 | -0.20 | 0.14
Revenue Estimate | 615.41M | 200.92M | 169.61M | 419.39M
Revenue Actual | 569.64M | 188.66M | 173.96M | 432.37M
Investor Sentiment and Future Outlook
The continued decline in revenue coupled with an earnings miss can dampen investor sentiment. It is essential for Leslies to realign its strategies to regain investor confidence in the upcoming quarters. The results indicate a pressing need for improvement across various sectors of the business.
Frequently Asked Questions
What were Leslies’ earnings per share for Q4?
Leslies reported an EPS of $0.02 for Q4, missing expectations of $0.11.
How did Leslies' revenue perform compared to last year?
The company's revenue decreased by $34.51 million compared to the same quarter last year.
What was the market reaction to previous earnings reports?
Following previous earnings reports, Leslies had seen share price increases, despite missing earnings estimates.
What are the key figures from last year's Q4?
In the last year's Q4, Leslies had an EPS of 0.14 and revenue of $432.37 million.
How can investors track Leslies’ future earnings releases?
Investors can stay updated on earnings releases and calendar events through financial news platforms and earnings calendars.
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