Boot Barn Holdings: Q3 Earnings Insights

Boot Barn Holdings BOOT reported its Q3 earnings results on Thursday, January 27, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Boot Barn Holdings beat estimated earnings by 1.83%, reporting an EPS of $2.23 versus an estimate of $2.19, which did not surprise analysts.

Revenue was up $183.57 million from the same period last year.

Last quarter the company beat on EPS by $0.31, which was followed by a 2.19% increase in the share price the next day.

Here's a look at Boot Barn Holdings's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.91	0.88	0.47	1
EPS Actual	1.22	1.26	0.75	0.99
Revenue Estimate	290.95M	287.33M	232.86M	303.34M
Revenue Actual	312.72M	306.33M	258.87M	302.34M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Boot Barn Holdings management provided guidance for their next quarter, expecting earnings between $2.23 and $2.23 per share for the next quarter.

This represents a 0.0% in quarter-over-quarter growth for Boot Barn Holdings, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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