Solo Brands (NYSE:DTC – Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Solo Brands has set its FY 2024 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.
Solo Brands (NYSE:DTC – Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.05. The company had revenue of $165.32 million during the quarter, compared to the consensus estimate of $166.15 million. Solo Brands had a positive return on equity of 7.33% and a negative net margin of 22.50%. On average, analysts expect Solo Brands to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Solo Brands Trading Down 2.5 %
Shares of NYSE:DTC opened at $1.92 on Tuesday. The company has a 50-day moving average price of $2.12 and a two-hundred day moving average price of $3.47. Solo Brands has a twelve month low of $1.74 and a twelve month high of $7.22. The company has a current ratio of 2.21, a quick ratio of 0.95 and a debt-to-equity ratio of 0.38.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on DTC
Insider Activity
In related news, CEO Christopher T. Metz acquired 100,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were purchased at an average price of $2.27 per share, for a total transaction of $227,000.00. Following the completion of the acquisition, the chief executive officer now owns 100,000 shares in the company, valued at $227,000. The purchase was disclosed in a filing with the SEC, which is available at this link. 4.34% of the stock is owned by corporate insiders.
About Solo Brands
Solo Brands, Inc operates a direct-to-consumer platform that offers outdoor and lifestyle branded products in the United States. The company provides camp stoves under the Solo Stove Lite brand name; fire pits under the Solo Stove brand name; kayaks under the Oru brand name; paddle boards under the ISLE brand name; and storage solutions for fire pits, firewood, and other accessories.
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