NASDAQ$SWIM

Latham group Inc. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

SWIM Q1 2024 — $110.6M revenue

The Company’s results of operations for the fiscal quarter ended March 30, 2024 are not necessarily indicative of the results of operations that may be expected for the fiscal year ending December 31,. Latham group Inc. reported Q1 2024 results. Net income of $14.4M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $110.6M.
  • Net income: $14.4M.
  • Filed on Form 10-Q (accession 0001558370-24-007191).

Headline financials

Total Revenue

$111M

Previous: $138M-19.7%
EPS

-$0.07

Previous: -$0.13+46.2%
Capital Expenditures

-$5.35M

Previous: -$9.94M+46.2%
Free Cash Flow

-$13.2M

Previous: -$24.3M+45.7%
Net Income

-$7.86M

Previous: -$14.4M+45.3%
Operating Income

-$2.07M

Previous: -$6.32M+67.2%
Gross Profit

$30.6M

Previous: $33.4M-8.3%
Cash & Equivalents

$43.8M

Previous: $55M-20.4%
Total Assets

$809M

Previous: $930M-13.0%

Revenue & EPS history

Latham · Revenue · Quarterly

$111M

Q1 2024-19.7%vs Q1 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+9.7%

Avg return

Earnings day

+6.5%

Avg return

5 days after

+4.6%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+36.8%

Q4 2024

Best reaction

-22.4%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.9%-8.4%
Q4 2025+11.8%-2.0%-19.4%
Q3 2025-3.5%-6.5%-1.7%
Q1 2025+0.0%+11.7%-1.7%
Q4 2024+36.8%+29.1%+0.0%
Q3 2024-8.9%-8.5%+0.6%
Q2 2024+35.8%+63.8%+77.7%
Q1 2024+25.4%+25.4%+29.2%
Q4 2023-6.7%-13.0%+4.5%
Q3 2023-3.5%-9.8%+0.8%
Q2 2023+13.9%+10.0%-14.7%
Q1 2023+27.0%+30.1%+38.3%
Q4 2022+20.5%-6.0%-24.1%
Q3 2022+6.9%-19.3%-15.7%
Q2 2022+21.3%+27.2%-11.2%
Q1 2022+11.0%+8.2%-2.1%
Q4 2021+2.6%-6.6%-11.4%
Q3 2021+31.6%+36.3%+52.2%
Q2 2021-22.4%-23.6%-15.9%
Q1 2021-5.6%-9.0%+1.6%
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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