Factors Likely To Influence Stitch Fix (SFIX) Earnings In Q4
Zacks Investment Research | Sep 24, 2019 09:05PM ET
Stitch Fix, Inc. (NASDAQ:SFIX) is scheduled to report fourth-quarter fiscal 2019 financial numbers on Oct 1, after the closing of the bell. We note that earnings of this California-based company have surpassed estimates in all the trailing four quarters. Let’s see what’s in store for Stitch Fix in the upcoming quarterly announcement.
Where are Estimates Heading?
The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 4 cents, which indicates a decline from 17 cents reported in the year-ago quarter. We note that the consensus mark for earnings was stable in the last 30 days. The consensus mark for revenues stands at $432.1 million, which suggests an increase of 35.8% from the year-ago quarter’s reported figure.
For fiscal 2019, the consensus estimates for the top and bottom line are pegged at $1.58 billion and 32 cents, respectively.
Stitch Fix, Inc. Price and EPS Surprise
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