Stitch Fix Inc expected to post a loss of 25 cents a share - Earnings Preview
01/12/2023 21:26
* Stitch Fix Inc SFIX.OQ SFIX.O is expected to show a
fall in
quarterly revenue when it reports results for the period
ending July 31 2023
* The San Francisco California-based company is expected to
report a 20.5% decrease in revenue to $362.423 million from
$455.59 million a year ago, according to the mean estimate from
13 analysts, based on LSEG data.The company's guidance on
September 18 2023, for the period ended October 31, was for
revenue between $355.00 million and $365.00 million. (SAL is
based Net Revenue)
* LSEG's mean analyst estimate for Stitch Fix Inc is for a
loss
of 25 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 13
"hold" and 2 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.
* Wall Street's median 12-month price target for Stitch Fix
Inc is
$3.50, below its last closing price of $3.74.
The company's guidance on September 18 2023 for the period ended
October 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD355 million and USD7 million.The
company's guidance on September 18 2023 for the period ended
October 31 was for gross profit margin between USD43% and
USD44%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jul. 31 2023 -0.22 -0.21 -0.24 Missed -12
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. -0.64 -0.63 -0.64 Missed -2.3
31 2022
Apr. 30 2022 -0.53 -0.55 -0.72 Missed -29.9
Jan. 31 2022 -0.26 -0.28 -0.28 Met 0.9
Oct. 31 2021 -0.15 -0.14 -0.02 Beat 85.6
This summary was machine generated December 1 at 21:26 GMT. All
figures in US dollars unless otherwise stated