Latham Group (SWIM) Reports Q1 Loss, Misses Revenue Estimates

Core Viewpoint - Latham Group reported a quarterly loss of $0.03 per share, outperforming the Zacks Consensus Estimate of a loss of $0.05, and showing improvement from a loss of $0.07 per share a year ago, indicating a 40% earnings surprise [1] Financial Performance - The company posted revenues of $111.42 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.52%, but showing an increase from $110.63 million in the same quarter last year [2] - Over the last four quarters, Latham Group has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Latham Group shares have declined approximately 12.8% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $171 million, and for the current fiscal year, it is $0.12 on revenues of $536 million [7] Industry Outlook - The Building Products - Miscellaneous industry, to which Latham Group belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Latham Group's stock performance [5]