Baird analyst Peter Benedict lowered the firm’s price target on Leslie’s to $5.50 from $7.00 and keeps a Neutral rating on the shares. The firm said while 4Q revenue was slightly better than feared, weaker gross margins drove a an adjusted EBITDA shortfalland adjusted EPS missed consensus.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LESL:
- Leslie’s falls 16% to $4.90 after Q4 earnings miss, below-consensus FY24 guide
- Leslie’s, Inc. Announces Fourth Quarter & Fiscal 2023 Financial Results; Provides Fiscal 2024 Outlook
- Leslie’s sees FY24 adjusted EPS 25c-33c, consensus 50c
- Leslie’s reports Q4 adjusted EPS 14c, consensus 18c
- LESL Upcoming Earnings Report: What to Expect?
