Warby Parker Inc reports results for the quarter ended September 30 - Earnings Summary

Warby Parker

08/11/2024 21:50

* Warby Parker Inc  WRBY.N  reported quarterly adjusted
earnings
of 5 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 1 cents.  The mean expectation of
twelve analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 3 cents to 7
cents per share.
    * Revenue rose 13.3% to $192.45 million from a year ago;
analysts
expected $190.12 million. 
    * Warby Parker Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The company reported a quarterly loss of $4.07 million.
    * Warby Parker Inc shares had risen by 18.2% this
quarter and
gained 37.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"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 $22.00 
This summary was machine generated from LSEG data November 8 at
09:49 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
 Sep. 30 2024      0.05           0.05           Met
 Jun. 30 2024      0.05           0.08           Beat
 Mar. 31 2024      0.07           0.11           Beat
 Dec. 31 2023      0.01           -0.01          Missed