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

Leslie’s (NASDAQ:LESL) posted its earnings results on Thursday. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate 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 %

NASDAQ:LESL traded down $0.60 during mid-day trading on Friday, reaching $1.64. 20,680,504 shares of the stock were exchanged, compared to its average volume of 5,108,085. The stock has a market capitalization of $303.74 million, a P/E ratio of -10.93 and a beta of 1.10. The company has a 50 day simple moving average of $2.22 and a 200-day simple moving average of $2.66. Leslie’s has a 1 year low of $1.63 and a 1 year high of $8.21.

Wall Street Analyst Weigh In

A number of research firms have issued reports on LESL. Stifel Nicolaus reduced their target price on shares of Leslie’s from $1.90 to $1.55 and set a “sell” rating on the stock in a report on Friday. Guggenheim reiterated a “neutral” rating on shares of Leslie’s in a report on Friday. Robert W. Baird cut 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. Mizuho lowered their price objective on Leslie’s from $4.00 to $3.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Finally, William Blair reissued a “market perform” rating on shares of Leslie’s in a report on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $3.28.

About Leslie’s

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.