Allbirds Inc expected to post a loss of 24 cents a share - Earnings Preview

Allbirds

06/05/2023 03:07

* Allbirds Inc  BIRD.OQ   BIRD.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 9. 
    * The San Francisco California-based  company is expected to
report  a 23.6% decrease in revenue to $47.939 million from
$62.76 million a year ago, according to the mean estimate from
12 analysts, based on Refinitiv data. The company's guidance on
March 9 2023, for the period ended March 31, was for revenue
between $45.00 million and $50.00 million.
    * ​Refinitiv's mean analyst estimate for Allbirds Inc is for
a
loss of 24 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Allbirds
Inc is
$2​, above​ its last closing price of $1.31. ​​​

The company's guidance on March 9 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 45 million and -26 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.13       -0.12      -0.12     Met     0
 Sep. 30 2022  -0.17       -0.17      -0.15     Beat    13.9
 Jun. 30 2022  -0.16       -0.16      -0.12     Beat    23.5​
 Mar. 31 2022  -0.13       -0.12      -0.15     Missed  -23.3
 ​​Dec.        -0.09       -0.09      -0.09     Met     -2.1
 31 2021                                                
 Sep. 30 2021  -0.12       -0.12      -0.25     Missed  -108.3
                                                        ​
 This summary was machine generated May 6 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated