Warby Parker(WRBY) ZACKS·2024-11-07 14:01Core Insights - Warby Parker Inc. reported quarterly earnings of 0.01 per share a year ago [1] - The company achieved revenues of 169.85 million year-over-year [2] - Warby Parker shares have increased approximately 34.5% year-to-date, outperforming the S&P 500's gain of 24.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 183.08 million, and for the current fiscal year, it is 760.76 million [7] - The estimate revisions trend for Warby Parker is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Medical - Products industry, to which Warby Parker belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]