Warby Parker Inc. (WRBY) Matches Q1 Earnings Estimates

Earnings Performance - Warby Parker Inc. reported quarterly earnings of $0.12 per share, matching the Zacks Consensus Estimate, and an increase from $0.08 per share a year ago [1] - The company had a disappointing earnings surprise of -66.67% in the previous quarter, with actual earnings of $0.01 compared to an expected $0.03 [1] - Over the last four quarters, Warby Parker has only surpassed consensus EPS estimates once [1] Revenue Analysis - The company posted revenues of $223.78 million for the quarter ended March 2025, which was 0.93% below the Zacks Consensus Estimate, but an increase from $200 million year-over-year [2] - Warby Parker has exceeded consensus revenue estimates three times in the last four quarters [2] Stock Performance and Outlook - Warby Parker shares have declined approximately 33.3% since the beginning of the year, contrasting with the S&P 500's decline of -4.3% [3] - The company's earnings outlook is uncertain, and future stock movements will depend on management's commentary during the earnings call [3][4] Estimate Revisions - The trend for estimate revisions ahead of the earnings release was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - Current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $215.75 million, and $0.31 on revenues of $884.07 million for the current fiscal year [7] Industry Context - The Consumer Products - Staples industry, to which Warby Parker belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, which may negatively impact stock performance [8]