Holley (HLLY) Upgraded to Buy: What Does It Mean for the Stock?
Holley (HLLY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Holley May Bear The Brunt Of Ongoing Macroeconomic Challenges, Analyst Highlights Softer Top-line Outlook
J.P. Morgan analyst Christian Carlino reiterated the Neutral rating on Holley Inc. HLLY.
Holley Inc. (HLLY) Q4 2024 Earnings Call Transcript
Holley Inc. (NYSE:HLLY ) Q4 2024 Earnings Conference Call March 11, 2025 8:30 AM ET Company Participants Anthony Rozmus - IR Matt Stevenson - President and CEO Jesse Weaver - CFO Conference Call Participants Christian Carlino - JPMorgan Joe Altobello - Raymond James Brian McNamara - Canaccord Genuity Bret Jordan - Jefferies Phillip Blee - William Blair Operator Good morning, ladies and gentlemen. And welcome to the conference call to discuss Holley's Fourth Quarter and Full Year 2024 Earnings Results.
Holley Inc. (HLLY) Q4 Earnings and Revenues Top Estimates
Holley Inc. (HLLY) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to break-even earnings per share a year ago.
Holley: A Long Drive Ahead
Holley only sees a thin margin of safety with their credit facility leverage ratio, which could push worryingly close to the covenant limit if they suffer further weak quarters. Given their lack of dividends, share buybacks, and capital expenditure, they have no quick levers to pull if this eventuates. There are further bad signs, with their net sales trending down and distribution partners destocking inventory.
Holley Inc. (HLLY) Reports Q3 Loss, Misses Revenue Estimates
Holley Inc. (HLLY) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.03 per share a year ago.
Holley Inc. (HLLY) Meets Q2 Earnings Estimates
Holley Inc. (HLLY) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.14 per share a year ago.
