Earnings Preview: Latham Group
Portfolio Pulse from Benzinga Insights
Latham Group (NASDAQ:SWIM) is scheduled to release its quarterly earnings report on March 12, 2024, with an expected EPS of $-0.06. Analysts and investors are particularly interested in the company's guidance for future growth. Historical data shows that Latham Group's stock price is sensitive to earnings performance and guidance, with a notable 10.46% drop following a miss last quarter. The stock has seen a 2.91% increase over the last 52 weeks, trading at $3.38 as of March 08.
March 11, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Latham Group is expected to report an EPS of $-0.06 for the upcoming quarter. Historical performance shows significant stock price sensitivity to earnings outcomes and guidance.
Given Latham Group's history, the stock price could react strongly to the earnings report and guidance. The expected EPS of $-0.06 sets a cautious tone, but positive guidance could mitigate concerns. Historical data indicates that misses have led to price drops, but the overall 2.91% YTD increase suggests underlying investor confidence. The impact of the earnings report will largely depend on whether the company meets, exceeds, or falls short of expectations, and how it positions itself for future growth.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100