Leslie's Inc reports results for the quarter ended June 30 - Earnings Summary

• Leslie's Inc LESL.OQ reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of twelve analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 20 cents to 40 cents per share.

• Revenue fell 12.2% to $500.35 million from a year ago; analysts expected $531.17 million.

• Leslie's Inc's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $21.73 million.

• Leslie's Inc shares had fallen by 16.6% this quarter and lost 84.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 21.4% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy."

• Wall Street's median 12-month price target for Leslie's Inc is $0.75, about 51.5% above its last closing price of $0.36

This summary was machine generated from LSEG data August 7 at 01:22 a.m. UTC. ​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)