Allbirds Reports Fourth Quarter and Full Year 2023 Financial Results; Achieves Q4 Financial Guidance Targets
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Allbirds Inc (BIRD) PT Lowered to $1 at Piper Sandler
March 13, 2024 6:41 AM EDTPiper Sandler analyst Edward Yruma lowered the price target on Allbirds Inc (NASDAQ: BIRD) to $1.00 (from $1.60) while maintaining a Neutral rating.
The analyst comments "2024 guidance contemplates improving gross margin, yet more expense deleverage and a continuation of negative underlying demand for the brand. There... More
Allbirds, Inc. (BIRD) Misses Q4 EPS by 15c, Tops on Revenue; Offers Weak FY24 Guidance
March 12, 2024 4:09 PM EDTAllbirds, Inc. (NASDAQ: BIRD) reported Q4 EPS of ($0.37), $0.15 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $72 million versus the consensus estimate of $68.97 million.
GUIDANCE:
Allbirds, Inc. sees FY2024 revenue of $190-210 million, versus the consensus of... More
