Fox Factory Holding Corp reports results for the quarter ended June 30 - Earnings Summary

• Fox Factory Holding Corp FOXF.OQ reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of seven analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 32 cents to 52 cents per share.

• Revenue rose 7.6% to $374.86 million from a year ago; analysts expected $349.52 million.

• Fox Factory Holding Corp's reported EPS for the quarter was 7 cents​.

• The company reported quarterly net income of $2.74 million.

• Fox Factory Holding Corp shares had risen by 12.6% this quarter and lost 3.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

• Wall Street's median 12-month price target for Fox Factory Holding Corp is $30.00, about 0.3% above its last closing price of $30.10

This summary was machine generated from LSEG data August 8 at 04:17 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)