Recap: European Wax Center Q1 Earnings

European Wax Center EWCZ reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

European Wax Center beat estimated earnings by 25.0%, reporting an EPS of $0.05 versus an estimate of $0.04.

Revenue was up $4.47 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.0 which was followed by a 4.04% drop in the share price the next day.

Here's a look at European Wax Center's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.08 0.08 0.09 0.09
EPS Actual 1.08 0.11 0.19 0.17
Revenue Estimate 51.07M 53.96M 54.03M 44.43M
Revenue Actual 53.52M 55.04M 53.36M 45.43M

To track all earnings releases for European Wax Center visit their earnings calendar here.

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

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