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Latham Group (SWIM) Reports Q4 Loss, Tops Revenue Estimates
SWIMLatham (SWIM) ZACKS·2025-03-04 23:25

Core Insights - Latham Group reported a quarterly loss of $0.17 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.09, marking an earnings surprise of -88.89% [1] - The company generated revenues of $87.27 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 2.07%, but down from $90.87 million year-over-year [2] - Latham Group shares have declined approximately 20.8% since the beginning of the year, contrasting with the S&P 500's decline of -0.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $114 million, and for the current fiscal year, it is $0.11 on revenues of $528 million [7] - The estimate revisions trend for Latham Group is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Building Products - Miscellaneous industry, to which Latham Group belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Another company in the same industry, Quanex Building Products, is expected to report a quarterly loss of $0.06 per share, reflecting a year-over-year change of -133.3% [9]