We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exploring Analyst Estimates for European Wax Center (EWCZ) Q1 Earnings, Beyond Revenue and EPS
Read MoreHide Full Article
Wall Street analysts forecast that European Wax Center, Inc. (EWCZ - Free Report) will report quarterly earnings of $0.05 per share in its upcoming release, pointing to a year-over-year decline of 61.5%. It is anticipated that revenues will amount to $49.4 million, exhibiting a decline of 4.8% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some European Wax Center metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Revenue- Marketing fees' will reach $6.78 million. The estimate indicates a year-over-year change of -4.5%.
Analysts' assessment points toward 'Revenue- Royalty fees' reaching $12.26 million. The estimate indicates a year-over-year change of -1.5%.
The consensus among analysts is that 'Revenue- Product sales' will reach $27.69 million. The estimate indicates a change of -6.1% from the prior-year quarter.
The average prediction of analysts places 'Ending center count' at 1,061. The estimate is in contrast to the year-ago figure of 1,051.
Over the past month, shares of European Wax Center have returned -1.4% versus the Zacks S&P 500 composite's +13.7% change. Currently, EWCZ carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Exploring Analyst Estimates for European Wax Center (EWCZ) Q1 Earnings, Beyond Revenue and EPS
Wall Street analysts forecast that European Wax Center, Inc. (EWCZ - Free Report) will report quarterly earnings of $0.05 per share in its upcoming release, pointing to a year-over-year decline of 61.5%. It is anticipated that revenues will amount to $49.4 million, exhibiting a decline of 4.8% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some European Wax Center metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Revenue- Marketing fees' will reach $6.78 million. The estimate indicates a year-over-year change of -4.5%.
Analysts' assessment points toward 'Revenue- Royalty fees' reaching $12.26 million. The estimate indicates a year-over-year change of -1.5%.
The consensus among analysts is that 'Revenue- Product sales' will reach $27.69 million. The estimate indicates a change of -6.1% from the prior-year quarter.
The average prediction of analysts places 'Ending center count' at 1,061. The estimate is in contrast to the year-ago figure of 1,051.
View all Key Company Metrics for European Wax Center here>>>
Over the past month, shares of European Wax Center have returned -1.4% versus the Zacks S&P 500 composite's +13.7% change. Currently, EWCZ carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>