Hayward Holdings, Inc. (HAYW) Q3 Earnings and Revenues Beat Estimates

Core Insights - Hayward Holdings, Inc. reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.10 per share, and showing an increase from $0.09 per share a year ago, resulting in a 10% earnings surprise [1] - The company achieved revenues of $227.57 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 4.68% and up from $220.3 million year-over-year [2] - Hayward Holdings has outperformed consensus EPS estimates three times in the last four quarters and has topped revenue estimates four times in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $303.67 million, while the estimate for the current fiscal year is $0.61 on revenues of $1.02 billion [7] - The company's earnings outlook will be influenced by management's commentary during the earnings call, which will provide insights into future earnings expectations [3][4] Industry Context - Hayward Holdings operates within the Zacks Electronics - Miscellaneous Products industry, which is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable industry outlook [8] - The performance of Hayward Holdings' stock may be affected by the overall industry trends, as empirical research shows a strong correlation between near-term stock movements and earnings estimate revisions [5][8]