CORRECTION: Hayward Holdings Q1 2024 Adj. EPS $0.08, Inline, Sales $212.569M Beat $209.038M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hayward Holdings (NYSE:HAYW) reported Q1 2024 adjusted EPS of $0.08, meeting analyst estimates, and sales of $212.569M, exceeding expectations by 1.69% and marking a 1.16% increase from the previous year.
May 02, 2024 | 11:51 am
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Hayward Holdings reported a solid Q1 2024 performance with adjusted EPS of $0.08, in line with estimates, and sales of $212.569M, beating estimates and showing year-over-year growth.
Meeting EPS estimates and exceeding sales forecasts indicates a positive performance for Hayward Holdings. The year-over-year growth in sales, even if modest, suggests a positive trajectory for the company's financial health. This performance is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on HAYW's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100