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Yeti: Q1 Earnings Snapshot
On Thursday, Atlanta-based Aveanna Healthcare Holdings Inc. reported first-quarter earnings of $41.7 million, with revenue reaching $647.9 million and exceeding Street forecasts.
Yeti Holdings Inc. also released first-quarter results on Thursday, reporting $9.9 million profit as the Austin, Texas-based company's revenue reached $380.4 million, beating Zacks Investment Research expectations.
Aveanna reported net income of 19 cents per share with adjusted earnings of 18 cents per share, while forecasting full-year revenue between $2.56 billion and $2.58 billion.
Yeti's profit reached 13 cents per share, matching the average estimate of four analysts surveyed by Zacks, with full-year earnings guidance of $2.83 to $2.89 per share.
Aveanna shares have declined 17% since the beginning of the year, while Yeti stock has risen 16% in the last 12 months, reflecting divergent market performance.