Lazydays Hldgs Q3 Adj. EPS $(0.29) Misses $0.10 Estimate, Sales $280.70M Miss $307.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lazydays Holdings (NASDAQ:LAZY) reported Q3 adjusted losses of $(0.29) per share, missing the analyst consensus estimate of $0.10 by 390 percent. This is a 153.7 percent decrease over earnings of $0.54 per share from the same period last year. The company also reported quarterly sales of $280.70 million, missing the analyst consensus estimate of $307.87 million by 8.83 percent, a 15.90 percent decrease over sales of $333.76 million the same period last year.
November 03, 2023 | 10:35 am
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NEGATIVE IMPACT
Lazydays Holdings reported a significant miss in both earnings and sales for Q3, indicating a potential negative impact on its stock price.
Lazydays Holdings reported a significant miss in both earnings and sales for Q3. This underperformance is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100