Zumiez Inc reports results for the quarter ended in January - Earnings Summary

Zumiez

14/03/2024 21:54

* Zumiez Inc  ZUMZ.OQ  reported a quarterly adjusted loss of
$1.73​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of 59
cents.  The mean expectation of four analysts for the quarter
was for earnings of 26 cents per share. Wall Street expected
results to range from 25 cents to 29 cents per share.
    * Revenue rose 0.6% to $281.82 million from a year ago;
analysts
expected $275.87 million. 
    * Zumiez Inc's reported EPS for the quarter was a loss of
$1.73​.
    * The company reported a quarterly loss of $33.49 million.
    * Zumiez Inc shares had fallen by 24.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 11.7%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Zumiez Inc
is
$18.50 

This summary was machine generated from LSEG data March 14 at
09:53 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
 Jan. 31 2024      0.26           -1.73          Missed
 Oct. 31 2023      -0.18          -0.12          Beat
 Jul. 31 2023      -0.67          -0.44          Beat
 Apr. 30 2023      -0.86          -0.96          Missed