Cricut Inc <CRCT.OQ> expected to post earnings of 4 cents a share - Earnings Preview
Cricut Inc CRCT.OQ CRCT.O is expected to show a fall in quarterly revenue when it reports results on March 4 for the period ending December 31 2024
The South Jordan Utah-based company is expected to report a 6.4% decrease in revenue to $216.472 million from $231.25 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Cricut Inc is for earnings of 4 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Cricut Inc is $4.88, below its last closing price of $5.48.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.05 | 0.05 | 0.05 | Met | 1.5 |
Jun. 30 2024 | 0.05 | 0.05 | 0.09 | Beat | 80.9 |
Mar. 31 2024 | 0.06 | 0.06 | 0.09 | Beat | 62.9 |
Dec. 31 2023 | 0.05 | 0.05 | 0.05 | Met | -6.8 |
Sep. 30 2023 | 0.07 | 0.07 | 0.08 | Beat | 13.9 |
Jun. 30 2023 | 0.06 | 0.06 | 0.07 | Beat | 17.3 |
Mar. 31 2023 | 0.07 | 0.07 | 0.04 | Missed | -42.9 |
Dec. 31 2022 | 0.06 | 0.06 | 0.05 | Missed | -20 |
This summary was machine generated February 28 at 21:36 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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