Snap One Holdings Corp. (SNPO) reported $246.08 million in income for the quarter ended March 2024, representing a year-over-year decline of two.4%. EPS of -$0.13 for a similar interval compares to $0.05 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $250.89 million, representing a shock of -1.92%. The corporate delivered an EPS shock of -262.50%, with the consensus EPS estimate being $0.08.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how Snap One carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Geographic Income- United States integrators: $211.34 million in comparison with the $211 million common estimate primarily based on two analysts. The reported quantity represents a change of +0.9% yr over yr.
- Geographic Income- Worldwide: $29.33 million versus $34.49 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -12% change.
- Geographic Income- United States different: $5.40 million in comparison with the $5.55 million common estimate primarily based on two analysts. The reported quantity represents a change of -41.5% yr over yr.
View all Key Company Metrics for Snap One here>>>
Shares of Snap One have returned +16.9% over the previous month versus the Zacks S&P 500 composite’s -0.4% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
