Kirkland's Inc (KIRK) Q2 2024 Earnings Report Preview: What To Look For

Article's Main Image

Kirkland's Inc (KIRK, Financial) is set to release its Q2 2024 earnings on Sep 5, 2024. The consensus estimate for Q2 2024 revenue is $84.19 million, and the earnings are expected to come in at -$1.31 per share. The full year 2024's revenue is expected to be $448.57 million and the earnings are expected to be -$1.54 per share. More detailed estimate data can be found on the Estimates page.

Kirkland's Inc (KIRK, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Kirkland's Inc (KIRK) for the full year 2024 have declined from $454.12 million to $448.57 million, and for 2025 from $458.03 million to $449.73 million. Earnings estimates have also seen a decrease, moving from -$1.47 per share to -$1.54 per share for the full year 2024, and from -$1.18 per share to -$1.19 per share for 2025.

Kirkland's Inc (KIRK, Financial) Reported History

In the previous quarter of April 30, 2024, Kirkland's Inc's (KIRK) actual revenue was $91.75 million, which missed analysts' revenue expectations of $93.074 million by -1.42%. Kirkland's Inc's (KIRK) actual earnings were -$0.68 per share, which beat analysts' earnings expectations of -$0.92 per share by 26.09%. After releasing the results, Kirkland's Inc (KIRK) was flat in one day.

1831302794653626368.png

Kirkland's Inc (KIRK, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Kirkland's Inc (KIRK) is $4.75 with a high estimate of $7 and a low estimate of $2.5. The average target implies an upside of 214.57% from the current price of $1.51.

Based on GuruFocus estimates, the estimated GF Value for Kirkland's Inc (KIRK, Financial) in one year is $3.11, suggesting an upside of 105.96% from the current price of $1.51.

Based on the consensus recommendation from 2 brokerage firms, Kirkland's Inc's (KIRK, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1831302865382174720.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.