Wall Street analysts project European Wax Center (EWCZ) to report Q3 earnings of $0.14 per share, a 16.7% year-over-year increase, on revenues of $52.79 million, representing a 4.8% decline. Despite no recent revisions to the consensus EPS estimate, analysts anticipate year-over-year decreases across key revenue streams, including marketing fees (-0.3%), royalty fees (-2%), and product sales (-7.7%), alongside a reduction in the ending center count to 1,044 from 1,064 last year. EWCZ shares have outperformed the S&P 500 over the past month, rising 8.2%, and currently hold a Zacks Rank #3 (Hold).
European Wax Center (EWCZ) is projected to report Q3 earnings of $0.14 per share, marking a 16.7% year-over-year increase, yet this growth is juxtaposed against an anticipated 4.8% year-over-year revenue decline to $52.79 million. Notably, the consensus EPS estimate has remained unchanged over the last 30 days, suggesting analysts have collectively reaffirmed their forecasts despite the revenue contraction. Underlying the revenue forecast are expected year-over-year declines across key segments: marketing fees are projected to decrease by 0.3% to $7.58 million, royalty fees by 2% to $13.15 million, and product sales by 7.7% to $29.26 million. Furthermore, the company's operational footprint is expected to shrink, with the ending center count estimated at 1,044, down from 1,064 in the prior year's quarter. Despite these mixed fundamental projections, EWCZ shares have demonstrated resilience, gaining 8.2% over the past month, significantly outperforming the S&P 500's -0.2% movement. The stock currently holds a Zacks Rank #3 (Hold), indicating expectations for it to perform in line with the broader market in the near term, reflecting the balanced outlook from analysts.
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mixed
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-0.10
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