YETI Holdings, Inc. (NYSE:YETI) is reporting third quarter financial results on Thursday 5th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, YETI is expected to report 3Q20 income of $ 0.37 per share from revenue of $ 260.23 million.
For the full year, analysts anticipate top line of $ 1024.23 million, while looking forward to income of $ 1.45 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,033.00 million ~ $ 1,051.00 million, where as bottomline are predicted in a range of $ 1.34 ~ $ 1.39 per share
Click Here For More Historical Outlooks Of YETI Holdings, Inc.
Previous Quarter Performance
YETI Holdings, Inc. unveiled income for the second quarter of $ 0.41 per share, from the revenue of $ 246.94 million. The consensus estimates are income of $ 0.16 per share from $ 188.58 million in revenue. The bottom line results beat street analysts by $ 0.25 or 156.25 percent, at the same time, top line results outshined analysts by $ 58.36 million or 30.95 percent.
Stock Performance
Shares of YETI Holdings, Inc. traded up $ 2.62 or 5.37 percent on Wednesday, reaching $ 51.42 with volume of 966.80 thousand shares. YETI Holdings, Inc. has traded high as $ 51.61 and has cracked $ 47.66 on the downward trend
The closing price of $ 51.42, representing a 219.37 % increase from the 52 week low of $ 15.28 and a 11.34 % decrease over the 52 week high of $ 55.04.
The company has a market capital of $ 4.47 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.
Recent Analyst recommendations
- On 11th September 2020, maintained by KeyBanc at Overweight rating, with $ 58.00 target price.
Conference Call
YETI Holdings, Inc. will be hosting a conference call at 8:00 AM eastern time on 5th 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.YETI.com
YETI Holdings, Inc. designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand in the United States, Canada, Australia, and Japan. The company offers hard and soft coolers, as well as storage, transport, outdoor living, and associated accessories.
