Zumiez Inc reports results for the quarter ended October 31 - Earnings Summary

Zumiez

05/12/2024 22:01

* Zumiez Inc  ZUMZ.OQ  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended October 31, higher than
the same quarter last year, when the company reported EPS of -12
cents.  The mean expectation of four analysts for the quarter
was for earnings of 3 cents per share. Wall Street expected
results to range from 1 cents to 4 cents per share.
    * Revenue rose 2.8% to $222.48 million from a year ago;
analysts
expected $222.04 million. 
    * Zumiez Inc's reported EPS for the quarter was 6 cents​.
    * The company reported quarterly net income of $1.16
million.
    * Zumiez Inc shares had risen by 6.4% this quarter and
gained 11.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 87.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Zumiez Inc is
$25.50 
This summary was machine generated from LSEG data December 5 at
10:00 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
 Oct. 31 2024      0.03           0.06           Beat
 Jul. 31 2024      -0.33          -0.04          Beat
 Apr. 30 2024      -1.14          -0.86          Beat
 Jan. 31 2024      0.26           -1.73          Missed