Warby Parker Inc reports results for the quarter ended September 30 - Earnings Summary

• Warby Parker Inc WRBY.N reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of twelve analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 3 cents to 7 cents per share.

• Revenue rose 13.3% to $192.45 million from a year ago; analysts expected $190.12 million.

• Warby Parker Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $4.07 million.

• Warby Parker Inc shares had risen by 18.2% this quarter and gained 37.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Warby Parker Inc is $22.00

This summary was machine generated from LSEG data November 8 at 09:49 p.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)