The third quarter financial results of Cricut (NASDAQ: CRCT) will be revealed on Tuesday 5th November 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.
According to the predictions of financial experts on Wall Street, the enterprise is set to unveil an estimated $0.05 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $171.19 million for the specific period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $737.11 million. Moreover, they anticipate the company to disclose profit of $0.27 per share for the fiscal year.
During the same quarter of the previous year, the company made public its income of $0.08 per share, which were derived from a quarterly revenue of $174.91 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.09 | +28.6% | 167.95 M | -5.5% |
| Q1 2024 | $0.09 | +28.6% | 167.39 M | -7.6% |
| Q4 2023 | $0.05 | 0% | 231.25 M | -17.6% |
| Q3 2023 | $0.08 | +33.3% | 174.91 M | -1.2% |
| Q2 2023 | $0.07 | +16.7% | 177.77 M | -3.3% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.
Friday's trading saw Cricut (CRCT) shares hit a low of $6.41 and a high of $6.71, with a day volume of 203.70 thousand shares. The stock closed the regular trading session at $6.47, showing 1.67 percent downfall.