European Wax Center Inc reports results for the quarter ended September 30 - Earnings Summary

• European Wax Center Inc EWCZ.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 5 cents to 7 cents per share.

• Revenue fell 0.5% to $55.43 million from a year ago; analysts expected $54.16 million.

• European Wax Center Inc's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $1.48 million.

• European Wax Center Inc shares had fallen by 9.5% this quarter and lost 54.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.9% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the personal services peer group is also "buy"

Wall Street's median 12-month price target for European Wax Center Inc is 7.75

This summary was machine generated from LSEG data November 15 at 09:46 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)