Workflow
Holley Inc. (HLLY) Q1 Earnings Miss Estimates
Holley Holley (US:HLLY) ZACKS·2025-05-07 13:45

Company Performance - Holley Inc. reported quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share, compared to break-even earnings per share a year ago, representing an earnings surprise of -60% [1] - The company posted revenues of $153.04 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.05%, but down from year-ago revenues of $158.64 million [2] - Over the last four quarters, Holley has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Holley shares have lost about 31.5% since the beginning of the year, while the S&P 500 has declined by -4.7% [3] - The current consensus EPS estimate for the coming quarter is $0.11 on $162.13 million in revenues, and $0.26 on $592.26 million in revenues for the current fiscal year [7] Industry Outlook - The Automotive - Original Equipment industry, to which Holley belongs, is currently in the bottom 25% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Holley's stock performance [5]