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Stock impact report

Solo Brands, Inc. (NYSE:DTC) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? [Yahoo! Finance]

Solo Brands, Inc. (DTC) 
Company Research Source: Yahoo! Finance
Results overall were solid, with revenues arriving 3.8% better than analyst forecasts at US$85m. Higher revenues also resulted in substantially lower statutory losses which, at US$0.06 per share, were 3.8% smaller than the analysts expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Solo Brands Following last week's earnings report, Solo Brands' seven analysts are forecasting 2024 revenues to be US$498.7m, approximately in line with the last 12 months. Earnings are expected to improve, with Solo Brands forecast to report a statutory profit of US$0.12 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$494.8m and ea Show less Read more
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