Snap One Holdings Corp. ( – ) reported $246.08 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.4%. EPS of -$0.13 for the same period compares to $0.05 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $250.89 million, representing a surprise of -1.92%. The company delivered an EPS surprise of -262.50%, with the consensus EPS estimate being $0.08.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company’s financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock’s price performance more accurately.Here is how Snap One performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Shares of Snap One have returned +16.9% over the past month versus the Zacks S&P 500 composite’s -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.More By This Author: