Earnings Preview: Stitch Fix
Portfolio Pulse from Benzinga Insights
Stitch Fix (NASDAQ:SFIX) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-05, with an expected EPS of $-0.25. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has been influenced more by guidance than earnings beats or misses. Last quarter, SFIX missed the EPS estimate by $0.03, resulting in a 12.13% share price increase the following day. Over the last year, SFIX shares have risen 6.27%, trading at $3.97 as of December 01.
December 04, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stitch Fix is expected to report an EPS of $-0.25 for the upcoming earnings, with investors focusing on potential positive guidance. Historical data shows guidance impacts stock price more than earnings results. Shares have increased by 6.27% over the past 52 weeks.
The expected EPS is already factored into the stock price, but the guidance will be the key driver for short-term price movement. Historical performance shows that the stock can react positively even to an earnings miss if the guidance is strong. However, given the mixed past performance, the score remains neutral until the actual earnings and guidance are released.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100