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Compared to Estimates, SharkNinja, Inc. (SN) Q3 Earnings: A Look at Key Metrics
SharkNinjaSharkNinja(US:SN) ZACKSยท2024-10-31 14:36

Core Insights - SharkNinja, Inc. reported $1.43 billion in revenue for the quarter ended September 2024, a year-over-year increase of 33.3% [1] - The company's EPS for the same period was $1.21, up from $0.95 a year ago, exceeding the consensus EPS estimate of $1.14 by 6.14% [1] - Revenue surpassed the Zacks Consensus Estimate of $1.32 billion by 8.04% [1] Revenue Breakdown - Net Sales from Cleaning Appliances reached $527.45 million, exceeding the average estimate of $491.17 million [3] - Net Sales from Other categories were $120.83 million, below the average estimate of $158.57 million [3] - Net Sales from Food Preparation Appliances totaled $366.83 million, surpassing the average estimate of $287.85 million [3] - Net Sales from Cooking and Beverage Appliances amounted to $411.45 million, exceeding the average estimate of $380.43 million [3] Stock Performance - SharkNinja, Inc. shares have returned +3.1% over the past month, outperforming the Zacks S&P 500 composite's +1% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4]