Rocky Brands Inc reports results for the quarter ended in September 30 - Earnings Summary

Rocky Brands

31/10/2024 03:07

* Rocky Brands Inc  RCKY.OQ  reported quarterly adjusted
earnings
of 77 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of $1.09.  The mean expectation of two analysts for the
quarter was for earnings of 99 cents per share. Wall Street
expected results to range from 86 cents to $1.11 per share.
    * Revenue fell 8.8% to $114.55 million from a year ago;
analysts
expected $120.55 million. 
    * Rocky Brands Inc's reported EPS for the quarter was 70
cents​.
    * Rocky Brands Inc shares had fallen by 13.0% this
quarter and
lost 8.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * 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," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the footwear peer
group
is also "hold"

Wall Street's median 12-month price target for Rocky Brands Inc
is $32.00 
This summary was machine generated from LSEG data October 31 at
03:06 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
 Sep. 30 2024      0.99           0.77           Missed
 Jun. 30 2024      0.10           0.17           Beat
 Mar. 31 2024      0.02           0.41           Beat
 Dec. 31 2023      1.02           0.98           Missed