Revenue Beat: SharkNinja, Inc. Beat Analyst Estimates By 7.6%

Simply Wall St.11-03

There's been a notable change in appetite for SharkNinja, Inc. (NYSE:SN) shares in the week since its third-quarter report, with the stock down 18% to US$89.12. It was a workmanlike result, with ...

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It was a workmanlike result, with ...</p>\n\n<a href=\"https://finance.yahoo.com/news/revenue-beat-sharkninja-inc-beat-140328289.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Revenue Beat: SharkNinja, Inc. 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Beat Analyst Estimates By 7.6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-03 22:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/revenue-beat-sharkninja-inc-beat-140328289.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's been a notable change in appetite for SharkNinja, Inc. (NYSE:SN) shares in the week since its third-quarter report, with the stock down 18% to US$89.12. It was a workmanlike result, with ...</p>\n\n<a href=\"https://finance.yahoo.com/news/revenue-beat-sharkninja-inc-beat-140328289.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SN","symbol_name":"SHARKNINJA INC","start_time":0,"source_url":"https://finance.yahoo.com/news/revenue-beat-sharkninja-inc-beat-140328289.html","article_id":"2480644153","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/u4LGamH99n5FNIU7pyOJhg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/655650ce21e891f9af51f970d2b455b0"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480644153","pubTimestamp":1730642608,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"There's been a notable change in appetite for SharkNinja, Inc.  shares in the week since its third-quarter report, with the stock down 18% to US$89.12. It was a workmanlike result, with revenues of US$1.4b coming in 7.6% ahead of expectations, and statutory earnings per share of US$0.94, in line with analyst appraisals. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was no real cha","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SN":"SHARKNINJA INC"},"translate_title":"收入超出预期：SharkNinja，Inc.超出分析师预期7.6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SN":0.9},"content_text":"There's been a notable change in appetite for SharkNinja, Inc. (NYSE:SN) shares in the week since its third-quarter report, with the stock down 18% to US$89.12. It was a workmanlike result, with revenues of US$1.4b coming in 7.6% ahead of expectations, and statutory earnings per share of US$0.94, in line with analyst appraisals. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. \n Check out our latest analysis for SharkNinja \n\n\n\n  NYSE:SN Earnings and Revenue Growth November 3rd 2024\n \n\n Following the latest results, SharkNinja's twelve analysts are now forecasting revenues of US$6.00b in 2025. This would be a meaningful 17% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 61% to US$4.13. In the lead-up to this report, the analysts had been modelling revenues of US$5.87b and earnings per share (EPS) of US$4.13 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the small lift in revenue estimates. \n Even though revenue forecasts increased, there was no change to the consensus price target of US$120, suggesting the analysts are focused on earnings as the driver of value creation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values SharkNinja at US$150 per share, while the most bearish prices it at US$93.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation. \n These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the SharkNinja's past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of SharkNinja'shistorical trends, as the 14% annualised revenue growth to the end of 2025 is roughly in line with the 12% annual growth over the past three years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.8% annually. So although SharkNinja is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry. \nThe Bottom Line \n The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. \n Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for SharkNinja going out to 2026, and you can see them free on our platform here.. \n We don't want to rain on the parade too much, but we did also find 1 warning sign for SharkNinja that you need to be mindful of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480644153"}