Warby Parker Inc reports results for the quarter ended in December - Earnings Summary

Warby Parker

28/02/2024 14:50

* Warby Parker Inc  WRBY.N  reported a quarterly adjusted
loss of
1 cent​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported breakeven
earnings per share.  The mean expectation of thirteen analysts
for the quarter was for earnings of one cent per share. Wall
Street expected results to range from zero cents to 2 cents per
share.
    * Revenue rose 10.5% to $161.86 million from a year ago;
analysts
expected $160.83 million. 
    * Warby Parker Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $19.05 million.
    * Warby Parker Inc shares had risen by 6.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Warby Parker Inc
is $15.00 
This summary was machine generated from LSEG data February 28 at
02:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.01           -0.01          Missed
 Sep. 30 2023      0.01           0.01           Met
 Jun. 30 2023      0.02           0.04           Beat
 Mar. 31 2023      0.05           0.06           Beat