Zumiez Inc expected to post earnings of 26 cents a share - Earnings Preview

Zumiez

12/03/2024 21:33

* Zumiez Inc  ZUMZ.OQ   ZUMZ.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 14 for the
period ending January 31 2024
    * The Lynnwood Washington-based  company is expected to
report a
1.5% decrease in revenue to $275.873 million from $280.11
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on November
30 2023, for the period ended January 31, was for revenue
between $275.00 million and $281.00 million.
    * ​LSEG's mean analyst estimate for Zumiez Inc is for
earnings of
26 cents per share. The company's EPS guidance on November 30
2023, for the period ended January 31, was between $0.24 and
$0.34 
    * 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
$18.50​, above​ its last closing price of $15.80. ​​​

The company's guidance on November 30 2023 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD4.125 million and USD7.025 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  
 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. 30 2023  -0.86       -0.86      -0.96     Missed  -11.3​
 Jan. 31 2023  0.48        0.49       0.59      Beat    20.4
 ​​Oct.        0.16        0.17       0.36      Beat    118.2
 31 2022                                                
 Jul. 31 2022  0.45        0.47       0.16      Missed  -65.8​
 Apr. 30 2022  0.07        0.07       -0.02     Missed  -129.6
 Jan. 31 2022  1.80        1.76       1.70      Missed  -3.4
 This summary was machine generated March 12 at 21:33 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)