SharkNinja Earnings Preview

SharkNinja (NYSE:SN) will release its quarterly earnings report on Thursday, 2024-10-31. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate SharkNinja to report an earnings per share (EPS) of $1.12.

The market awaits SharkNinja's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

Last quarter the company beat EPS by $0.10, which was followed by a 2.67% increase in the share price the next day.

Here's a look at SharkNinja's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.61

0.97

0.86

0.81

EPS Actual

0.71

1.06

0.94

0.95

Price Change %

3.0%

1.0%

2.0%

-2.0%

Analysts' Perspectives on SharkNinja

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding SharkNinja.

A total of 9 analyst ratings have been received for SharkNinja, with the consensus rating being Buy. The average one-year price target stands at $119.78, suggesting a potential 8.41% upside.

Peer Ratings Overview

This comparison focuses on the analyst ratings and average 1-year price targets of Whirlpool, Worthington Enterprises and Helen Of Troy, three major players in the industry, shedding light on their relative performance expectations and market positioning.

Analysts currently favor an Underperform trajectory for Whirlpool, with an average ...