On Thursday, March 12, Zumiez ZUMZ will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Wall Street analysts see Zumiez reporting earnings of $1.36 per share on revenue of $325.19 million.
In the same quarter last year, Zumiez reported EPS of $1.18 on revenue of $304.56 million. The Wall Street consensus estimate for earnings would represent a 15.25% increase for the company. Sales would be up 6.77% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.600 | 0.190 | -0.090 | 1.11 |
EPS Actual | 0.750 | 0.360 | 0.030 | 1.18 |
Stock Performance
Over the last 52-week period, shares of Zumiez have declined 10.2%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Zumiez stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Zumiez is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/h52kuthy
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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