* Sharkninja Inc reported quarterly adjusted earnings of $1.21 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of ten analysts for the quarter was for earnings of $1.14 per share. Wall Street expected results to range from $1.06 to $1.23 per share.
* Revenue rose 33.2% to $1.43 billion from a year ago; analysts expected $1.32 billion.
* Sharkninja Inc's reported EPS for the quarter was 94 cents.
* The company reported quarterly net income of $132.33 million.
* Sharkninja Inc shares had risen by 2.0% this quarter and gained 116.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 6.2% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the appliances, tools & housewares peer group is also "buy"
Wall Street's median 12-month price target for Sharkninja Inc is $120.00 This summary was machine generated from LSEG data November 1 at 03:35 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 1.14 1.21 Beat
Jun. 30 2024 0.62 0.71 Beat
Mar. 31 2024 0.99 1.06 Beat
Dec. 31 2023 0.86 0.94 Beat
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