Canada Goose Hldgs GOOS reported its Q1 earnings results on Thursday, August 11, 2022 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Canada Goose Hldgs beat estimated earnings by 8.33%, reporting an EPS of $-0.44 versus an estimate of $-0.48.
Revenue was up $8.96 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.78% drop in the share price the next day.
Here’s a look at Canada Goose Hldgs’s past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.01 | 1.16 | -0.08 | -0.07 |
EPS Actual | 0.03 | 1.13 | 0.10 | -0.37 |
Revenue Estimate | 172.14M | 459.92M | 166.15M | 50.30M |
Revenue Actual | 176.08M | 464.89M | 184.97M | 45.82M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Canada Goose Hldgs management provided guidance for Q2 2023, expecting earnings between $0.016 and $0.11 per share.
To track all earnings releases for Canada Goose Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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