* Stitch Fix Inc reported a quarterly adjusted loss of 29 cents per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of -58 cents. The mean expectation of eleven analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -30 cents to -13 cents per share.
* Revenue fell 19.8% to $330.40 million from a year ago; analysts expected $330.86 million.
* Stitch Fix Inc's reported EPS for the quarter was a loss of 30 cents.
* The company reported a quarterly loss of $35.52 million.
* Stitch Fix Inc shares had fallen by 8.1% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 5.1% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."
* The average consensus recommendation for the online services peer group is also "hold"
Wall Street's median 12-month price target for Stitch Fix Inc is $3.50 This summary was machine generated from LSEG data March 6 at 12:09 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jan. 31 2024 -0.20 -0.29 Missed
Oct. 31 2023 -0.23 -0.22 Beat
Jul. 31 2023 -0.21 -0.24 Missed
Apr. 30 2023 -0.30 -0.19 Beat
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