European Wax Center Inc reports results for the quarter ended December 31 - Earnings Summary

• European Wax Center Inc EWCZ.OQ reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of nine analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 4 cents to 6 cents per share.

• Revenue fell 11.7% to $49.74 million from a year ago; analysts expected $52.17 million.

• European Wax Center Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $1.97 million.

• European Wax Center Inc shares had fallen by 33.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.2% 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 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

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

Wall Street's median 12-month price target for European Wax Center Inc is $6.00

This summary was machine generated from LSEG data March 12 at 07:18 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)