Sally Beauty (SBH) Q1 Earnings Match Estimates

Group 1: Earnings Performance - Sally Beauty reported quarterly earnings of $0.43 per share, matching the Zacks Consensus Estimate, and an increase from $0.39 per share a year ago [1] - The company had a surprise of 4.17% in the previous quarter, posting earnings of $0.50 per share against an expected $0.48 [1] - Over the last four quarters, Sally Beauty has surpassed consensus EPS estimates two times [1] Group 2: Revenue Performance - For the quarter ended December 2024, Sally Beauty posted revenues of $937.9 million, missing the Zacks Consensus Estimate by 0.38%, but showing an increase from $931.3 million year-over-year [2] - The company has topped consensus revenue estimates only once over the last four quarters [2] Group 3: Stock Performance and Outlook - Sally Beauty shares have declined approximately 12.2% since the beginning of the year, while the S&P 500 has gained 2.9% [3] - The company's earnings outlook is mixed, with current consensus EPS estimates of $0.38 for the coming quarter and $1.84 for the current fiscal year [7] - The Zacks Rank for Sally Beauty is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 4: Industry Context - The Retail - Miscellaneous industry, to which Sally Beauty belongs, is currently in the top 12% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Sally Beauty's stock performance [5]