Exploring Analyst Estimates for European Wax Center (EWCZ) Q1 Earnings, Beyond Revenue and EPS

Wall Street analysts forecast that European Wax Center, Inc. (EWCZ) will report quarterly earnings of $0.05 per share in its upcoming release, pointing to a year-over-year decline of 61.5%. It is anticipated that revenues will amount to $49.4 million, exhibiting a decline of 4.8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.That said, let's delve into the average estimates of some European Wax Center metrics that Wall Street analysts commonly model and monitor.Analysts predict that the 'Revenue- Marketing fees' will reach $6.78 million. The estimate indicates a year-over-year change of -4.5%.Analysts' assessment points toward 'Revenue- Royalty fees' reaching $12.26 million. The estimate indicates a year-over-year change of -1.5%.The consensus among analysts is that 'Revenue- Product sales' will reach $27.69 million. The estimate indicates a change of -6.1% from the prior-year quarter.The average prediction of analysts places 'Ending center count' at 1,061. The estimate is in contrast to the year-ago figure of 1,051.View all Key Company Metrics for European Wax Center here>>>Over the past month, shares of European Wax Center have returned -1.4% versus the Zacks S&P 500 composite's +13.7% change. Currently, EWCZ carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report European Wax Center, Inc. (EWCZ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks