Picture of Allbirds logo

BIRD Allbirds News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMicro CapNeutral

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

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 ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-3.21-3.18-2.68Beat15.7
Jun. 30 2024-3.40-3.50-2.40Beat31.4
Mar. 31 2024-4.34-4.33-3.40Beat21.5​
Dec. 31 2023-4.66-4.60-3.60Beat21.7
​​Sep. 30 2023-4.27-4.33-3.60Beat16.9
Jun. 30 2023-4.44-4.40-3.60Beat18.2​
Mar. 31 2023-4.79-4.87-4.20Beat13.8
Dec. 31 2022-2.55-2.40-2.40Met0
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)

Recent news on Allbirds

See all news