Stitch Fix Inc reports results for the quarter ended April 30 - Earnings Summary

• Stitch Fix Inc SFIX.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -18 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 -14 cents to -8 cents per share.

• Revenue rose 0.7% to $325.02 million from a year ago; analysts expected $314.44 million.

• Stitch Fix Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $7.38 million.

• Stitch Fix Inc shares had risen by 45.5% this quarter and gained 9.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

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 "buy."

• Wall Street's median 12-month price target for Stitch Fix Inc is $5.00

This summary was machine generated from LSEG data June 10 at 09:01 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)