Rocky Brands Inc expected to post a loss of 18 cents a share - Earnings Preview

Rocky Brands

28/07/2023 22:34

* Rocky Brands Inc  RCKY.OQ   RCKY.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 1. 
    * The Nelsonville Ohio-based  company is expected to report 
a
35.4% decrease in revenue to $104.684 million from $162.04
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rocky Brands Inc is
for a
loss of 18 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 Rocky
Brands Inc
is $23​, above​ its last closing price of $22.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.07        0.05       -0.12     Missed  -357.1
 Dec. 31 2023  0.64        0.63       1.08      Beat    72.8
 Sep. 30 2022  0.37        0.37       0.74      Beat    102.7​
 Jun. 30 2022  0.80        0.80       0.34      Missed  -57.3
 ​​Mar.        1.05        1.07       1.10      Beat    2.6
 31 2022                                                
 Dec. 31 2021  0.93        0.95       1.86      Beat    96.3​
 Sep. 30 2021  1.39        1.37       0.34      Missed  -75.1
 Jun. 30 2021  0.84        0.83       0.99      Beat    19.8
 This summary was machine generated July 28 at 21:34 GMT.  All
figures in US dollars  unless otherwise stated