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 May 5 (estimated) for the period ending March 31 2025

• The Lehi Utah-based company is expected to report a 13.2% decrease in revenue to $104.161 million from $120.03 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on March 13 2025, for the period ended March 31, was for revenue between $102.00 million and $107.00 million.

• ​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 $1.00​, above​ its last closing price of $0.64. ​​​

The company's guidance on March 13 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 102 million and -6 million (USD).

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

This summary was machine generated May 2 at 12:29 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)