Leslie’s (NASDAQ:LESL) Updates Q1 Earnings Guidance

Leslie’s (NASDAQ:LESL) updated its first quarter earnings guidance on Monday. The company provided earnings per share guidance of ($0.21)-($0.20) for the period, compared to the consensus earnings per share estimate of ($0.19). The company issued revenue guidance of $169-176 million, compared to the consensus revenue estimate of $178.68 million. Leslie’s also updated its Q1 2025 guidance to -0.210–0.200 EPS.

Analyst Upgrades and Downgrades

A number of research firms have commented on LESL. William Blair reissued a “market perform” rating on shares of Leslie’s in a report on Tuesday. Mizuho reduced their target price on Leslie’s from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Tuesday, August 6th. Robert W. Baird reduced their target price on Leslie’s from $4.00 to $3.50 and set a “neutral” rating for the company in a report on Tuesday. Finally, Telsey Advisory Group reduced their target price on Leslie’s from $4.00 to $3.75 and set a “market perform” rating for the company in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Leslie’s has an average rating of “Hold” and an average price target of $3.89.

Leslie’s Stock Performance

LESL stock opened at $2.45 on Wednesday. The stock’s fifty day moving average price is $2.86 and its 200-day moving average price is $3.50. Leslie’s has a 1 year low of $2.31 and a 1 year high of $8.21.

Leslie’s Company Profile

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.