Q1 Earnings Estimate for Leslie’s Issued By William Blair

Leslie’s, Inc. (NASDAQ:LESL) – Equities researchers at William Blair issued their Q1 2026 earnings per share (EPS) estimates for Leslie’s in a research report issued to clients and investors on Thursday, April 10th. William Blair analyst R. Merkel anticipates that the company will post earnings of ($0.21) per share for the quarter. William Blair also issued estimates for Leslie’s’ Q2 2026 earnings at ($0.22) EPS, Q3 2026 earnings at $0.38 EPS and Q4 2026 earnings at $0.12 EPS.

Leslie’s (NASDAQ:LESL) last released its quarterly earnings data on Thursday, February 6th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.02). Leslie’s had a negative net margin of 2.13% and a negative return on equity of 6.11%.

Several other analysts have also recently issued reports on the company. The Goldman Sachs Group cut their price objective on Leslie’s from $4.00 to $3.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 11th. Mizuho dropped their price target on shares of Leslie’s from $4.00 to $3.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Morgan Stanley lowered their price objective on shares of Leslie’s from $3.00 to $1.50 and set an “equal weight” rating on the stock in a research note on Monday, March 3rd. Bank of America cut Leslie’s from a “buy” rating to an “underperform” rating and dropped their price target for the stock from $2.65 to $1.40 in a research note on Tuesday, February 18th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Leslie’s in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $2.65.

Leslie’s Stock Performance

Shares of NASDAQ LESL opened at $0.54 on Monday. The firm has a market cap of $99.37 million, a price-to-earnings ratio of -3.58 and a beta of 1.30. The stock’s 50-day simple moving average is $0.99 and its 200-day simple moving average is $1.98. Leslie’s has a 1 year low of $0.51 and a 1 year high of $6.02.

Institutional Trading of Leslie’s

Several large investors have recently made changes to their positions in the stock. Mariner LLC bought a new position in shares of Leslie’s in the fourth quarter valued at approximately $25,000. Ground Swell Capital LLC bought a new stake in Leslie’s during the fourth quarter valued at about $32,000. Cibc World Markets Corp acquired a new stake in shares of Leslie’s in the fourth quarter valued at about $38,000. Two Sigma Advisers LP bought a new position in shares of Leslie’s in the fourth quarter worth about $39,000. Finally, Gitterman Wealth Management LLC acquired a new position in shares of Leslie’s during the 4th quarter worth about $41,000.

About Leslie’s

Leslie’s, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.