Canada Goose: Q1 Earnings Insights

Canada Goose Hldgs GOOS reported its Q1 earnings results on Thursday, August 11, 2022 at 06:45 AM.

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

Canada Goose Hldgs beat estimated earnings by 8.33%, reporting an EPS of $-0.44 versus an estimate of $-0.48.

Revenue was up $8.96 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 2.78% drop in the share price the next day.

Here's a look at Canada Goose Hldgs's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.01	1.16	-0.08	-0.07
EPS Actual	0.03	1.13	0.10	-0.37
Revenue Estimate	172.14M	459.92M	166.15M	50.30M
Revenue Actual	176.08M	464.89M	184.97M	45.82M

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).

Canada Goose Hldgs management provided guidance for Q2 2023, expecting earnings between $0.016 and $0.11 per share.

To track all earnings releases for Canada Goose Hldgs visit their earnings calendar here.

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

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