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Stock impact report

Why Is Wolverine (WWW) Up 5% Since Last Earnings Report? [Yahoo! Finance]

Wolverine World Wide, Inc. (WWW) 
Last wolverine world wide, inc. earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Wolverine due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Wolverine Q4 Loss Wider Than Expected, Revenues Dip Y/Y Wolverine reported results for fourth-quarter 2023, wherein its top line beat the Zacks Consensus Estimate and the bottom line missed the same. Both metrics fell year over year. Q4 Insights The company posted a fourth-quarter adjusted loss of 30 cents a share, which was wider than the Zacks Consensus Estimate of an adjusted loss of 25 cents. The loss also widened from the adjusted loss of 13 cents reported in the prior-year quarter. At constant currency, the company's adjusted loss per share was 29 cents. Revenues of $526.7 million beat the Zacks Consensus Estimate of $521 million but fell 20.8% year over year. The d Show less Read more
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