Stitch Fix SFIX unveils its next round of earnings this Tuesday, October 1. Get prepared with Benzinga's ultimate preview for Stitch Fix's Q4 earnings.
Earnings and Revenue
Based on management's projections, Stitch Fix analysts model for earnings of 4 cents per share on sales of $432.42 million.
See Also: Buy Stitch Fix Amid Record Short Interest, SunTrust Says Ahead Of Q4 Report
In the same quarter last year, Stitch Fix reported earnings per share of 17 cents on sales of $318.30 million. The Wall Street estimate would represent a 76.47% decline in the company's earnings. Revenue would be up 35.86% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | -0.030 | 0.03 | 0.04 | |
EPS Actual | 0.070 | 0.12 | 0.1 | 0.17 |
Stock Performance
Over the last 52-week period, shares are down 56.55%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Over the past 90 days, analysts have adjusted their estimates lower for EPS and revenues. Analysts have been rating Stitch Fix stock as Neutral. The strength of this rating has maintained conviction over the past three months.
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