NASDAQ$SWIM

Latham group Inc. · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Headline financials

Total Revenue

$161M

Previous: $189M-15.1%
EPS (adj)

$0.05

Previous: $0.10-50.0%
Adjusted EBITDA

$36.1M

No prior period
Adjusted EBITDA Margin

22.4%

No prior period
Gross Margin

29.9%

No prior period
Capital Expenditures

-$28.3M

Previous: -$29M+2.5%
Free Cash Flow

-$22.1M

Previous: -$17.1M-29.2%
Net Income

$6.15M

Previous: $11.9M-48.2%
Operating Income

$18.1M

Previous: $25M-27.6%
Gross Profit

$48.1M

Previous: $58.9M-18.2%
Cash & Equivalents

$78.1M

Previous: $30.6M+155.1%
Total Assets

$865M

Previous: $921M-6.0%

Revenue & EPS history

Latham · Revenue · Quarterly

$161M

Q3 2023-15.1%vs Q3 2022
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 Q3 2023

Historical avgQ3 2023

+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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