Research Analysts Set Expectations for Sacks Parente Golf, Inc.’s Q2 2024 Earnings (NASDAQ:SPGC)

Sacks Parente Golf, Inc. (NASDAQ:SPGC) – Zacks Small Cap issued their Q2 2024 earnings per share (EPS) estimates for Sacks Parente Golf in a report released on Tuesday, June 11th. Zacks Small Cap analyst T. Kerr anticipates that the company will earn ($0.06) per share for the quarter. The consensus estimate for Sacks Parente Golf’s current full-year earnings is ($0.23) per share. Zacks Small Cap also issued estimates for Sacks Parente Golf’s Q3 2024 earnings at ($0.05) EPS, Q4 2024 earnings at ($0.04) EPS, FY2024 earnings at ($0.23) EPS, FY2025 earnings at ($0.04) EPS and FY2026 earnings at $0.13 EPS.

Sacks Parente Golf Price Performance

SPGC stock opened at $0.52 on Friday. The stock has a market capitalization of $7.52 million and a P/E ratio of -1.39. The business has a 50-day moving average of $0.50 and a 200-day moving average of $0.60. Sacks Parente Golf has a fifty-two week low of $0.36 and a fifty-two week high of $30.00.

Sacks Parente Golf (NASDAQ:SPGC) last announced its quarterly earnings results on Tuesday, April 30th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $0.35 million during the quarter. Sacks Parente Golf had a negative return on equity of 130.52% and a negative net margin of 804.76%.

About Sacks Parente Golf

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.