Lazydays Q3 Earnings & Revenues Miss Estimates, Decline Y/Y

Zacks11-19

Lazydays Holdings, Inc. GORV reported third-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Both the top and bottom lines decreased year over year. Following ...

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Following ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lazydays-q3-earnings-revenues-miss-142000427.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>Lazydays Q3 Earnings & Revenues Miss Estimates, Decline Y/Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLazydays Q3 Earnings & Revenues Miss Estimates, Decline Y/Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lazydays-q3-earnings-revenues-miss-142000427.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lazydays Holdings, Inc. GORV reported third-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Both the top and bottom lines decreased year over year. Following ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lazydays-q3-earnings-revenues-miss-142000427.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":"GORV","symbol_name":"Lazydays","start_time":0,"source_url":"https://finance.yahoo.com/news/lazydays-q3-earnings-revenues-miss-142000427.html","article_id":"2484796921","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_aMgtCHWD_AcEvdCSVRbpA--~B/aD00NDU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/62a1df11c94046acffed2654620317fb"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484796921","pubTimestamp":1732026000,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Lazydays Holdings, Inc. GORV reported third-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Both the top and bottom lines decreased year over year. Following the results, the company’s shares declined 5.3% in the after-hours trading session yesterday.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Lazydays reported an adjusted loss per share of $1.27, wider than the Zacks Consensus Estimate of a loss of 89 cents. In the prior-year quarter, the company had reported a loss of 29 cents per share.Total revenues were $213.5 million, lagging the Zacks Consensus Estimate of $228 million. The top line also declined 23.9% year over year. Revenues were hurt by the dismal performance of new vehicle retail, pre-owned vehicle retail, as well as service, body, and parts and other, owing to lower demand.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GORV":"Lazydays","CUK":"嘉年华存托凭证","NCLH":"挪威邮轮","CCL":"嘉年华邮轮","RCL":"皇家加勒比邮轮"},"translate_title":"Lazydays第三季度盈利和收入未达预期，同比下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GORV":1,"CCL":0.9,"CUK":0.9,"NCLH":0.9,"RCL":0.9},"content_text":"Lazydays Holdings, Inc. GORV reported third-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Both the top and bottom lines decreased year over year. Following the results, the company’s shares declined 5.3% in the after-hours trading session yesterday.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nGORV Q3 Earnings and Revenues\nLazydays reported an adjusted loss per share of $1.27, wider than the Zacks Consensus Estimate of a loss of 89 cents. In the prior-year quarter, the company had reported a loss of 29 cents per share.Total revenues were $213.5 million, lagging the Zacks Consensus Estimate of $228 million. The top line also declined 23.9% year over year. Revenues were hurt by the dismal performance of new vehicle retail, pre-owned vehicle retail, as well as service, body, and parts and other, owing to lower demand.\n\nLAZYDAYS HOLDINGS, INC. Price, Consensus and EPS Surprise\n\nLAZYDAYS HOLDINGS, INC. price-consensus-eps-surprise-chart | LAZYDAYS HOLDINGS, INC. Quote\n\nResults of Operations\nNew vehicle retail sales declined 29.3% year over year to $122.3 million. The downside was mainly due to a 13.1% decrease in average selling price per retail unit and an 18.6% decrease in new vehicle retail units sold.Pre-owned vehicle retail, as well as service, body, and parts and other revenues, declined 19.8% and 9.5% year over year to $60.2 million and $12.9 million, respectively.The company’s gross margin expanded 180 basis points (bps) year over year to 21.2%. New vehicle retail and pre-owned vehicle retail gross margins declined 160 and 230 basis points year over year to 9.2% and 18.2%, respectively.\nBalance Sheet\nAs of Sept. 30, 2024, cash totaled $13.5 million compared with $58.1 million as of fiscal 2023-end. Long-term debt, non-current portion, net amounted to $27.6 million compared with $28.1 million as of fiscal 2023 end.\nGORV’s Zacks Rank & Other Key Picks\nGORV currently has a Zacks Rank #2 (Buy).Here are some other top-ranked stocks from the Zacks Consumer Discretionary sector.Carnival Corporation & plc CCL currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.CCL has a trailing four-quarter earnings surprise of 318.1%, on average. The stock has surged 68.2% in the past year. The Zacks Consensus Estimate for CCL’s fiscal 2024 sales indicates growth of 16.6% from year-ago levels.Norwegian Cruise Line Holdings Ltd. NCLH currently carries a Zacks Rank #2. NCLH has a trailing four-quarter earnings surprise of 4.2%, on average. The stock has surged 78.5% in the past year.The Zacks Consensus Estimate for NCLH’s 2024 sales and EPS indicates growth of 10.2% and 127.1%, respectively, from year-ago levels.Royal Caribbean Cruises Ltd. RCL currently carries a Zacks Rank #2. RCL has a trailing four-quarter earnings surprise of 16.2%, on average. The stock has surged 119% in the past year.The Zacks Consensus Estimate for RCL’s 2024 sales and EPS indicates growth of 18.6% and 71.6%, respectively, from year-ago levels.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCarnival Corporation (CCL) : Free Stock Analysis Report\nRoyal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report\nNorwegian Cruise Line Holdings Ltd. (NCLH) : Free Stock Analysis Report\nLAZYDAYS HOLDINGS, INC. (GORV) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"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":"4.29.3","shortVersion":"4.29.3","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/2484796921"}