Kirkland's Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - Kirkland's, Inc. is set to release its first-quarter financial results on June 17, with analysts expecting a loss of 47 cents per share, an improvement from a loss of 65 cents per share a year ago [1] - The company projects quarterly revenue of $85.56 million, down from $91.75 million in the same quarter last year [1][2] Financial Performance - Kirkland's reported disappointing fourth-quarter 2024 results, raising concerns about its ability to continue as a going concern [2] - Following the announcement, Kirkland's shares fell by 4.8%, closing at $1.19 [2] Analyst Ratings - Benchmark analyst John Lawrence has reiterated a Buy rating with a price target of $7 as of October 23, 2024, with an accuracy rate of 62% [4] - Craig-Hallum analyst Jeremy Hamblin maintained a Hold rating and reduced the price target from $2.5 to $2 on September 6, 2024, with an accuracy rate of 68% [4]