European Wax Center (NASDAQ:EWCZ) reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
European Wax Center beat estimated earnings by 25.0%, reporting an EPS of $0.05 versus an estimate of $0.04.
Revenue was up $4.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.0 which was followed by a 4.04% drop in the share price the next day.
Here’s a look at European Wax Center’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.08 | 0.09 | 0.09 |
| EPS Actual | 1.08 | 0.11 | 0.19 | 0.17 |
| Revenue Estimate | 51.07M | 53.96M | 54.03M | 44.43M |
| Revenue Actual | 53.52M | 55.04M | 53.36M | 45.43M |
To track all earnings releases for European Wax Center visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
