Rocky Brands Inc reports results for the quarter ended in March - Earnings Summary

Rocky Brands

02/05/2023 23:03

* Rocky Brands Inc  RCKY.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 5 cents per share.
    * Revenue fell 33.9% to $110.45 million from a year ago;
analysts
expected $124.39 million. 
    * The mean earnings estimate of analysts had fallen by
about 95.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Rocky Brands Inc shares had risen by 24.0% this
quarter and
gained 21.1% so far this year.
    * Wall Street's median 12-month price target for Rocky
Brands Inc
is $26.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:03 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.05           -0.12          Missed
 Dec. 31 2022      0.63           1.08           Beat
 Sep. 30 2022      0.37           0.74           Beat
 Jun. 30 2022      0.80           0.34           Missed