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Stock impact report

Solo Brands (DTC) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]

Solo Brands, Inc. (DTC) 
Company Research Source: Yahoo! Finance
Solo Brands beat analysts' revenue expectations by 2.4% last quarter, reporting revenues of $131.6 million, flat year on year. It was a softer quarter for the company, with full-year revenue guidance missing analysts' expectations. Is Solo Brands a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Solo Brands's revenue to decline 16.1% year on year to $92.61 million, a reversal from the 8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Solo Brands has missed Wall Street's revenue estimates twice over the last two years. Looking at Solo Brands's peers in the leisure products segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Ma Show less Read more
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