SharkNinja, Inc. (SN) has been on a downward spiral lately with significant selling pressure. After declining 15.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a sto ...

SharkNinja, Inc. (NYSE:SN) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Arvind Bhatia - Senior Vice President, Investor Relations Mark Barrocas - Chief Executive Officer Patraic Reagan - Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Randy Konik - Jefferies Andrea Teixeira - JPMorgan Megan Alexander - Morgan Stanley Operator Good morning, and thank you all for attending the SharkNinja's Third Quarter 2024 Earnings Conference Call. My na ...

Shark NINJA INVESTOR PRESENTATION OCTOBER 2024 Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company's current views obee things, future events and its future business, financial condition results of operations and prospects. These statements ane often, but not always, made through the us such as "may, " Should," "could," "predict," "potential, " "believe, "will likely result," "continue, "will, " ...

SharkNinja, Inc. (SN) reported $1.43 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 33.3%. EPS of $1.21 for the same period compares to $0.95 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.32 billion, representing a surprise of +8.04%. The company delivered an EPS surprise of +6.14%, with the consensus EPS estimate being $1.14.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Earnings Performance - SharkNinja, Inc reported quarterly earnings of $1 21 per share, beating the Zacks Consensus Estimate of $1 14 per share, representing a 6 14% earnings surprise [1] - Compared to the year-ago quarter, earnings increased from $0 95 per share to $1 21 per share [1] - The company has surpassed consensus EPS estimates in each of the last four quarters [2] Revenue Growth - SharkNinja, Inc posted revenues of $1 43 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 8 04% [2] - Year-over-year revenue growth was significant, increasing from $1 07 billion to $1 43 billion [2] - The company has topped consensus revenue estimates in each of the last four quarters [2] Stock Performance - SharkNinja, Inc shares have gained 116 8% since the beginning of the year, significantly outperforming the S&P 500's gain of 21 9% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Future Outlook - The current consensus EPS estimate for the coming quarter is $1 34 on $1 58 billion in revenues [7] - For the current fiscal year, the consensus EPS estimate is $4 24 on $5 22 billion in revenues [7] - The Zacks Rank for SharkNinja, Inc is currently 2 (Buy), indicating expected market outperformance in the near future [6] Industry Context - SharkNinja, Inc belongs to the Zacks Furniture industry, which is currently in the bottom 25% of Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] Peer Comparison - Snail, Inc, another company in the Zacks Consumer Discretionary sector, is expected to report quarterly earnings of $0 07 per share, representing a year-over-year change of +158 3% [9] - Snail, Inc's revenues are expected to be $25 million, up 178 4% from the year-ago quarter [9]

SharkNinja, Inc. (SN) is scheduled to report third-quarter 2024 results on Oct. 31, before the opening bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. This Needham, MA-based company posted solid results in second-quarter 2024 on the back of strong demand across the business and operational excellence. Amid inflationary pressure, its adjusted earnings per share (EPS) surpassed analysts' expectations by 20.3% and increased a whopping 51.1% year over year. Net sales also topped ...

The latest trading session saw SharkNinja, Inc. (SN) ending at $109.32, denoting a +1.42% adjustment from its last day's close. This change outpaced the S&P 500's 0.03% loss on the day. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq added 0.56%. Heading into today, shares of the company had gained 1.69% over the past month, outpacing the Consumer Discretionary sector's gain of 0.88% and the S&P 500's gain of 1.39% in that time. The investment community will be paying close attention to the earni ...

Investors might want to bet on SharkNinja, Inc. (SN) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Si ...

Wall Street expects a year-over-year increase in earnings on higher revenues when SharkNinja, Inc. (SN) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbers are better t ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. SharkNinja, Inc. (SN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. SharkNinja, Inc. is a member of our Consumer Discret ...