A Sneak Peek At Summer Infant, Inc. ($SUMR) 2Q20 Earnings

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Summer Infant, Inc. (NASDAQ:SUMR) is set to announce second quarter earning results on Tuesday 11th August 2020, after market close.

Previous Quarter Performance

Summer Infant, Inc. announced loss for the first quarter of $ 0.02 per share, from the revenue of $ 40.34 million. The quarterly revenues compared with the same quarter last year. The consensus estimates are $ 47.68 million in revenue The bottom line results street analysts by $ 0.23 or , at the same time, top line results fell short of analysts by $ 7.34 million or 15.39 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of SUMR was $ 15.39, representing a 968.75 % increase from the 52 week low of $ 1.44 and a 1.35 % decrease over the 52 week high of $ 15.60.

The company has a market capital of $ 32.49 million and is part of the Consumer Defensive sector and Household & Personal Products industry.

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Summer Infant, Inc., together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products primarily worldwide. It offers audio and video monitors; safety products, including gates, bedrails, baby proofing products, potties, bath products, positioners, and infant health products; nursery products, such as specialty blankets, sleep aides and soothers, and travel accessories; and baby gear products consisting of strollers, bassinets, high chairs, and playards under the Summer, SwaddleMe, and born free brand names. The company sells its products directly to retailers through own direct sales force and a network of independent manufacturers representatives and distributors; and through partners Websites and its summerinfant.com Website, as well as indirectly through distributors, representatives, and international retail customers.