LiveWire Group Inc reports results for the quarter ended in March - Earnings Summary

LiveWire

26/04/2024 08:24

* LiveWire Group Inc  LVWR.N  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of -10 cents.  The lone analyst forecast for the quarter was
for a loss of 14 cents per share. 
    * Revenue was $4.98 million​; analysts expected $13.51
million. 
    * LiveWire Group Inc shares had fallen by 2.1% this
quarter and
lost 37.4% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "hold"

Wall Street's median 12-month price target for LiveWire Group
Inc is $7.75 
This summary was machine generated from LSEG data April 26 at
07:24 a.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
 Mar. 31 2024      -0.14          -0.12          Beat
 Dec. 31 2023      -0.14          -0.16          Missed
 Sep. 30 2023      -0.14          -0.07          Beat
 Jun. 30 2023      -0.12          -0.20          Missed