Zumiez Inc expected to post a loss of 33 cents a share - Earnings Preview

Zumiez

03/09/2024 21:10

* Zumiez Inc  ZUMZ.OQ   ZUMZ.O  is expected to show a rise
in
quarterly revenue when it reports  results on September 5 for
the period ending July 31 2024
    * The Lynnwood Washington-based  company is expected to
report a
3.9% increase in revenue to $201.965 million from $194.44
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on June 6
2024, for the period ended July 31, was for revenue between
$199.00 million and $204.00 million.
    * ​LSEG's mean analyst estimate for Zumiez Inc is for a loss
of 33
cents per share. The company's EPS guidance on June 6 2024, for
the period ended July 31, was between $-0.40 and $-0.30 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Zumiez Inc
is
$19.50​, below​ its last closing price of $27.74. ​​​

The company's guidance on June 6 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD-8.955
million and USD-6.12 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  -1.15       -1.14      -0.86     Beat    24.4
 Jan. 31 2024  0.27        0.26       -1.73     Missed  -760.3
 Oct. 31 2023  -0.18       -0.18      -0.12     Beat    33.1​
 Jul. 31 2023  -0.67       -0.67      -0.44     Beat    34.6
 ​​Apr.        -0.86       -0.86      -0.96     Missed  -11.3
 30 2023                                                
 Jan. 31 2023  0.48        0.49       0.59      Beat    20.4​
 Oct. 31 2022  0.16        0.17       0.36      Beat    118.2
 Jul. 31 2022  0.45        0.47       0.16      Missed  -65.8
 This summary was machine generated September 3 at 20:10 GMT. 
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)