Leslie’s (NASDAQ:LESL) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Leslie’s (NASDAQ:LESL) announced its quarterly earnings data on Thursday. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.02), Zacks reports. Leslie’s had a negative return on equity of 6.11% and a negative net margin of 2.13%. Leslie’s updated its FY 2025 guidance to -0.010-0.070 EPS and its Q2 2025 guidance to -0.250–0.230 EPS.

Leslie’s Stock Down 26.8 %

Leslie’s stock traded down $0.60 during mid-day trading on Friday, hitting $1.64. 20,680,504 shares of the company’s stock traded hands, compared to its average volume of 5,108,085. The company has a market cap of $303.74 million, a PE ratio of -10.93 and a beta of 1.10. Leslie’s has a one year low of $1.63 and a one year high of $8.21. The firm has a 50 day moving average price of $2.22 and a 200 day moving average price of $2.66.

Analyst Ratings Changes

A number of research firms have recently weighed in on LESL. Mizuho lowered their price target on shares of Leslie’s from $4.00 to $3.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. Robert W. Baird lowered their price target on Leslie’s from $4.00 to $3.50 and set a “neutral” rating on the stock in a report on Tuesday, November 26th. Guggenheim reiterated a “neutral” rating on shares of Leslie’s in a research report on Friday. Telsey Advisory Group dropped their price target on Leslie’s from $3.75 to $3.00 and set a “market perform” rating for the company in a research report on Friday. Finally, Stifel Nicolaus lowered their target price on shares of Leslie’s from $1.90 to $1.55 and set a “sell” rating for the company in a report on Friday. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $3.28.

Leslie’s Company Profile

Leslie’s, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.