Latham Group Sees Q1 2024 Sales $98M-$104M Vs 130.468M Est.
Portfolio Pulse from Benzinga Newsdesk
Latham Group projects its Q1 2024 sales to be between $98M and $104M, significantly lower than the estimated $130.468M. This forecast suggests a potential downturn in the company's financial performance.
March 12, 2024 | 8:50 pm
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Latham Group's projected Q1 2024 sales significantly miss estimates, indicating potential financial challenges ahead.
The significant shortfall in Latham Group's projected sales compared to the estimated figures suggests a potential downturn in the company's financial performance. This could lead to negative investor sentiment and a decrease in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100