-+ 0.00%
-+ 0.00%
-+ 0.00%
Yeti: Q3 Earnings Snapshot
Share
Listen to the news

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Yeti Holdings Inc. (YETI) on Thursday reported third-quarter earnings of $44.4 million.

The Austin, Texas-based company said it had profit of 60 cents per share. Earnings, adjusted for one-time gains and costs, were 91 cents per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The maker of outdoor and recreational products posted revenue of $509.4 million in the period. Its adjusted revenue was $517.9 million, missing Street forecasts. Seven analysts surveyed by Zacks expected $520.7 million.

Yeti expects full-year earnings in the range of $2.90 to $2.95 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YETI at https://www.zacks.com/ap/YETI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending