Recap: Fox Factory Holding Q4 Earnings

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Fox Factory Holding FOXF reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.

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

Earnings

Fox Factory Holding beat estimated earnings by 0.95%, reporting an EPS of $1.06 versus an estimate of $1.05.

Revenue was up $79.94 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 3.74% increase in the share price the next day.

Here's a look at Fox Factory Holding's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 1.13 1.02 0.82 0.79
EPS Actual 1.19 1.20 1.05 0.90
Revenue Estimate 317.73M 292.45M 267.74M 248.15M
Revenue Actual 347.44M 328.16M 281.14M 262.39M

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).

Guidance

Fox Factory Holding management provided guidance for their next quarter, expecting earnings between $1.0 and $1.2 per share for the next quarter.

This represents a 3.77% in quarter-over-quarter growth for Fox Factory Holding, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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