Earnings Outlook For European Wax Center

European Wax Center EWCZ is set to give its latest quarterly earnings report on Wednesday, 2024-03-06. Here's what investors need to know before the announcement.

Analysts estimate that European Wax Center will report an earnings per share (EPS) of $0.07.

European Wax Center bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.03, which was followed by a 5.56% drop in the share price the next day.

Here's a look at European Wax Center's past performance and the resulting price change:

Stock Performance

Shares of European Wax Center were trading at $13.48 as of March 04. Over the last 52-week period, shares are down 28.38%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for European Wax Center visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.