Duluth Holdings DLTH reported its Q2 earnings results on Thursday, September 1, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Duluth Holdings missed estimated earnings by 53.33%, reporting an EPS of $0.07 versus an estimate of $0.15.
Revenue was down $7.62 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 7.3% drop in the share price the next day.
Here's a look at Duluth Holdings's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -0.18 | 0.47 | -0.19 | 0.03 |
EPS Actual | -0.04 | 0.53 | 0.09 | 0.27 |
Revenue Estimate | 116.10M | 268.45M | 142.52M | 142.83M |
Revenue Actual | 122.90M | 270.76M | 145.28M | 149.13M |
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
Duluth Holdings management provided guidance for FY 2022, expecting earnings between $0.61 and $0.71 per share.
To track all earnings releases for Duluth Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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