Boot Barn Holdings: Q3 Earnings Insights

Boot Barn Holdings BOOT reported its Q3 earnings results on Thursday, January 27, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Boot Barn Holdings beat estimated earnings by 1.83%, reporting an EPS of $2.23 versus an estimate of $2.19, which did not surprise analysts.

Revenue was up $183.57 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.31, which was followed by a 2.19% increase in the share price the next day.

Here's a look at Boot Barn Holdings's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Boot Barn Holdings management provided guidance for their next quarter, expecting earnings between $2.23 and $2.23 per share for the next quarter.

This represents a 0.0% in quarter-over-quarter growth for Boot Barn Holdings, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.