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WWWBearishEarningsnews
Materiality pending

Wolverine World Wide (WWW) Q1 Earnings Match Estimates

May 8, 2024, 8:52 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Wolverine World Wide reported quarterly earnings of $0.05 per share, in line with estimates. - The company posted revenues of $394.9 million, surpassing estimates by 9.60%. - Wolverine stock has outperformed the market, adding about 28.5% this year. - Management's commentary on earnings call will impact immediate price movement. - Estimate revisions trend for Wolverine is mixed, translating to Zacks Rank #3 (Hold). Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings

  • Wolverine World Wide reported quarterly earnings of $0.05 per share, in line with estimates.
  • The company posted revenues of $394.9 million, surpassing estimates by 9.60%.
  • Wolverine stock has outperformed the market, adding about 28.5% this year.
  • Management's commentary on earnings call will impact immediate price movement.
  • Estimate revisions trend for Wolverine is mixed, translating to Zacks Rank #3 (Hold).

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