Canada Goose Hldgs Q3 2024 Adj EPS C$1.37, Inline, Sales C$609.90M Miss C$620.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Canada Goose Holdings (GOOS) reported Q3 2024 adjusted EPS of C$1.37, meeting analyst estimates, but missed sales forecasts with C$609.90M versus the expected C$620.05M. This represents a 42.05% increase in sales compared to the same period last year.
February 01, 2024 | 11:46 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Canada Goose Holdings reported Q3 2024 earnings with an EPS of C$1.37, aligning with expectations, but missed revenue estimates by 1.64%, reporting C$609.90M against an expected C$620.05M.
While Canada Goose met EPS estimates, the slight miss in revenue forecasts could lead to mixed short-term sentiment among investors. The significant year-over-year sales growth, however, indicates strong underlying business performance, which might mitigate negative reactions to the revenue miss.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100