Johnson Outdoors Q3 2024 GAAP EPS $0.16 Misses $0.57 Estimate, Sales $172.472M Miss $176.141M Estimate
Portfolio Pulse from Benzinga Newsdesk
Johnson Outdoors (NASDAQ:JOUT) reported Q3 2024 earnings of $0.16 per share, missing the analyst estimate of $0.57 by 71.93%. Sales were $172.472M, also missing the estimate of $176.141M by 2.08%. Both earnings and sales showed significant declines compared to the same period last year.
August 05, 2024 | 10:01 am
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Johnson Outdoors reported Q3 2024 earnings of $0.16 per share, missing the analyst estimate of $0.57 by 71.93%. Sales were $172.472M, also missing the estimate of $176.141M by 2.08%. Both earnings and sales showed significant declines compared to the same period last year.
The significant miss on both earnings and sales estimates, along with the year-over-year declines, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100