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Hayward Holdings, Inc. Tops Q2 Earnings and Revenue Estimates
Hayward Holdings, Inc. (NYSE: HAYW) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this company would post earnings of $0.08 per share when it actually produced earnings of $0.08, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Hayward Holdings, which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $284.39 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.57%. This compares to year-ago revenues of $283.54 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Hayward Holdings shares have lost about ...