Cimpress(US:CMPR) ZACKS·2024-10-30 23:21Core Insights - Cimpress reported a quarterly loss of $0.50 per share, significantly missing the Zacks Consensus Estimate of $0.30, and compared to earnings of $0.17 per share a year ago, resulting in an earnings surprise of -266.67% [1] - The company posted revenues of $804.97 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.56% and showing an increase from year-ago revenues of $757.29 million [2] - The stock has underperformed the market, losing about 5.6% since the beginning of the year, while the S&P 500 gained 22.3% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $2.22 on revenues of $965.55 million, and for the current fiscal year, it is $4.40 on revenues of $3.47 billion [7] - The estimate revisions trend for Cimpress is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - Cimpress operates within the Zacks Consumer Services - Miscellaneous industry, which is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Cimpress may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8]