Purple Innovation Inc <PRPL.OQ> expected to post a loss of 13 cents a share - Earnings Preview

• Purple Innovation Inc PRPL.OQ PRPL.O is expected to show a fall in quarterly revenue when it reports results on March 10 (estimated) for the period ending December 31 2024

• The Lehi Utah-based company is expected to report a 11.3% decrease in revenue to $129.391 million from $145.94 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

• ​LSEG's mean analyst estimate for Purple Innovation Inc is for a loss of 13 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and no "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 Purple Innovation Inc is $1.50​, above​ its last closing price of $0.73. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated March 7 at 11:03 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)