European Wax Center EWCZ is set to give its latest quarterly earnings report on Thursday, 2024-11-14. Here's what investors need to know before the announcement.
Analysts estimate that European Wax Center will report an earnings per share (EPS) of $0.06.
Anticipation surrounds European Wax Center's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
The company's EPS beat by $0.07 in the last quarter, leading to a 11.66% increase in the share price on the following day.
Here's a look at European Wax Center's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.08 | 0.05 | 0.07 | 0.09 |
EPS Actual | 0.15 | 0.10 | 0.12 | 0.12 |
Price Change % | 12.0% | -2.0% | -4.0% | -6.0% |
European Wax Center Share Price Analysis
Shares of European Wax Center were trading at $8.28 as of November 12. Over the last 52-week period, shares are down 38.35%. 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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