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Compared to Estimates, Warby Parker (WRBY) Q3 Earnings: A Look at Key Metrics
WRBYWarby Parker(WRBY) ZACKS·2024-11-07 15:35

Core Insights - Warby Parker Inc. reported revenue of 192.45millionforthequarterendedSeptember2024,reflectingayearoveryearincreaseof13.3192.45 million for the quarter ended September 2024, reflecting a year-over-year increase of 13.3% [1] - The company's EPS was 0.05, an improvement from 0.01inthesamequarterlastyear[1]RevenueexceededtheZacksConsensusEstimateof0.01 in the same quarter last year [1] - Revenue exceeded the Zacks Consensus Estimate of 189.45 million by 1.58%, while EPS met the consensus estimate [1] Financial Metrics - Active Customers reached 2.43 million, slightly above the average estimate of 2.42 million from four analysts [3] - Average Revenue per Customer was 305,whichfellshortoftheestimated305, which fell short of the estimated 307.31 [3] - The Store Count at the end of the period was 269, surpassing the average estimate of 267 [3] Stock Performance - Warby Parker's shares have increased by 20.1% over the past month, compared to a 3.2% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]