European Wax Center(US:EWCZ) ZACKSยท2024-08-09 14:15Group 1 - Analysts project European Wax Center, Inc. (EWCZ) will announce quarterly earnings of $0.08 per share, with revenues expected to reach $61.27 million, reflecting a 3.7% increase year over year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [1][2] - The correlation between earnings estimate revisions and short-term stock price performance is emphasized as a significant indicator for investor actions [2] Group 2 - Revenue from marketing fees is estimated at $8.10 million, indicating a 2.3% increase from the prior-year quarter [4] - Revenue from royalty fees is projected to reach $14.96 million, suggesting a 5.8% year-over-year change [4] - Revenue from product sales is expected to be $34.96 million, reflecting a 3.7% increase year over year [4] Group 3 - Other revenue is forecasted to reach $3.32 million, indicating a 0.6% increase from the prior-year quarter [5] - The ending center count is expected to reach 1,063, up from 1,003 a year ago [5] - New center openings are projected to be 12, a decrease from 25 reported in the same quarter of the previous year [5] Group 4 - EWCZ shares have decreased by 21.8% in the past month, contrasting with the S&P 500 composite's decline of 4.5% [5] - EWCZ holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near term [5]