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 ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-3.21
-3.18
-2.68
Beat
15.7
Jun. 30 2024
-3.40
-3.50
-2.40
Beat
31.4
Mar. 31 2024
-4.34
-4.33
-3.40
Beat
21.5
Dec. 31 2023
-4.66
-4.60
-3.60
Beat
21.7
Sep. 30 2023
-4.27
-4.33
-3.60
Beat
16.9
Jun. 30 2023
-4.44
-4.40
-3.60
Beat
18.2
Mar. 31 2023
-4.79
-4.87
-4.20
Beat
13.8
Dec. 31 2022
-2.55
-2.40
-2.40
Met
0
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)