YETI Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary

• YETI Holdings, Inc. YETI.N reported quarterly adjusted earnings of 91 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 61 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 72 cents to 89 cents per share.

• Revenue rose 4.4% to $509.42 million from a year ago; analysts expected $523.04 million.

• YETI Holdings, Inc.'s reported EPS for the quarter was 60 cents​.

• The company reported quarterly net income of $44.37 million.

• YETI Holdings, Inc. shares had risen by 4.3% this quarter and lost 3.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is also "buy"

• Wall Street's median 12-month price target for YETI Holdings, Inc. is $53.00, about 19.3% above its last closing price of $42.79

This summary was machine generated from LSEG data November 12 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)