Mohawk Group Holdings, Inc. (NASDAQ:MWK) is reporting third quarter earnings results on Monday 9th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.28 per share.
For the full year, analysts predict revenues of $ 183.36 million, while looking forward to loss of $ 1.75 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 175.00 million ~ $ 185.00 million
Click Here For More Historical Outlooks Of Mohawk Group Holdings, Inc.
Previous Quarter Performance
Mohawk Group Holdings, Inc. reported loss for the second quarter of $ 0.19 per share, from the revenue of $ 59.80 million. The quarterly revenues developed 137.21 percent compared with the same quarter last year. Street analysts expected Mohawk Group Holdings, Inc. to report loss of $ 0.02 per share on revenue of $ 51.84 million for the second quarter. The top line results outshined analysts by $ 7.96 million or 15.35 percent.
Stock Performance
On Friday, shares of Mohawk Group Holdings, Inc. has traded high as $ 9.39 and has cracked $ 8.94 on the downward trend, reaching $ 9.15 with volume of 105.00 thousand shares.
According to the previous trading day, closing price of $ 9.15, representing a 540.85 % increase from the 52 week low of $ 1.42 and a 5.99 % decrease over the 52 week high of $ 9.68.
The company has a market capital of $ 193.25 million and is part of the Technology sector and Consumer Electronics industry.
Conference Call
Mohawk Group Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mohawkgp.com
Mohawk Group Holdings, Inc. operates as a technology-enabled consumer products company in the United States. It offers home and kitchen appliances; kitchenware; environmental appliances, such as dehumidifiers and air conditioners; beauty related products; and consumer electronics under the hOme, Vremi, Xtava, and RIF6 brands.
