SWIM Earnings Prediction
The chart below shows how SWIM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SWIM sees a -4.56% change in stock price 10 days leading up to the earnings, and a +10.56% change 10 days following the report. On the earnings day itself, the stock moves by +7.41%. This data can give you a slight idea of what to expect for the next quarter's release.
SWIM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
87.27M
-3.96%
-42.01%
Gross Margin
16.23%
1.18%
-41.43%
Operating Margin
-14.93%
50.35%
-268.13%
Net Margin
-33.42%
-27950.00%
-952.55%
EPS
-0.25
--
-600.00%
No Data Available
SWIM Earnings Analysis
Latham Group Inc Corporation (SWIM.O) Earnings Conference Call
Positive
Market Resilience Amid Decline: Latham Group outperformed the market despite a 15% decline in US pool starts, indicating strong market resilience.
Fiberglass Pool Market Growth: Fiberglass pools represented 24% of US pool starts in 2024, up from 23% in 2023, showing increased market penetration and consumer preference.
Fiberglass Pool Sales Increase: 75% of Latham's in-ground pool sales were fiberglass pools in 2024, compared to 73% in 2023, highlighting a growing trend towards fiberglass over concrete pools.
Strong Financial Performance: Adjusted EBITDA reached over $80 million with a margin of 15.8%, reflecting strong financial performance and effective cost management.
Sales Growth Outlook: The company is positioned for considerable sales growth and accelerated profitability in 2025 and beyond, indicating a positive outlook for future performance.
Negative
Earnings Miss Report: Latham Group, Inc. missed earnings expectations with a reported EPS of $-0.19, while expectations were $-0.09.
Market Decline Impact: The company faced a significant decline in the market, with an estimated 15% drop in US pool starts in 2024.
Sales Performance Analysis: Despite outperforming the market, the overall sales performance was impacted by lower sales figures compared to previous years.
Adjusted EBITDA Margin Analysis: The adjusted EBITDA margin of 15.8% was only slightly ahead of the prior year, indicating limited growth in profitability despite cost reductions.
Market Challenges Ahead: The company is navigating challenging industry conditions, suggesting ongoing difficulties in the market that may affect future performance.
SWIM FAQs
How does SWIM typically perform around its earnings report dates?
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SWIM Earning Call Sentiment
Latham Group, Inc. (NASDAQ:SWIM) Q4 2024 Earnings Call Transcript
SWIM.O
6.58%Positive
Despite missing EPS expectations, Latham Group shows resilience with positive feedback from dealers and growth in fiberglass pool penetration. Adjusted EBITDA exceeded prior year margins, and strategic initiatives indicate potential future growth. However, lack of share repurchase and challenging market conditions temper positive sentiment, resulting in a neutral outlook.
