Stitch Fix Inc expected to post a loss of 21 cents a share - Earnings Preview
25/08/2023 12:13
* Stitch Fix Inc SFIX.OQ SFIX.O is expected to show a
fall in
quarterly revenue when it reports results on August 28
(estimated).
* The San Francisco California-based company is expected to
report a 22.9% decrease in revenue to $371.547 million from
$481.9 million a year ago, according to the mean estimate from
13 analysts, based on Refinitiv data. The company's guidance on
June 6 2023, for the period ended July 31, was for revenue
between $365.00 million and $375.00 million.
* Refinitiv's mean analyst estimate for Stitch Fix Inc is
for a
loss of 21 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 14
"hold" and 2 "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.
* Wall Street's median 12-month price target for Stitch Fix
Inc is
$4.6, above its last closing price of $3.70.
The company's guidance on June 6 2023 for the period ended July
31 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 365 million and 10 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Apr. 30 2023 -0.32 -0.30 -0.19 Beat 37.6
Jan. 31 2023 -0.36 -0.34 -0.58 Missed -70
Oct. 31 2022 -0.48 -0.47 -0.44 Beat 6
Jul. 31 2022 -0.64 -0.63 -0.64 Missed -2.3
Apr. -0.53 -0.55 -0.72 Missed -29.9
30 2022
Jan. 31 2022 -0.26 -0.28 -0.28 Met 0.9
Oct. 31 2021 -0.15 -0.14 -0.02 Beat 85.6
Jul. 31 2021 -0.12 -0.13 0.19 Beat 242.5
This summary was machine generated August 25 at 11:13 GMT. All
figures in US dollars unless otherwise stated