Stitch Fix Inc reports results for the quarter ended January 31 - Earnings Summary

• Stitch Fix Inc SFIX.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of five analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -13 cents to -8 cents per share.

• Revenue fell 5.5% to $312.11 million from a year ago; analysts expected $298.04 million.

• Stitch Fix Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $6.53 million.

• Stitch Fix Inc shares had fallen by 3.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 27.7% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and 1 "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 $5.00

This summary was machine generated from LSEG data March 11 at 09:43 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)