Cricut, Inc. (CRCT) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Cricut, Inc. reported quarterly earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, marking a 100% earnings surprise [1] - The company achieved revenues of $170.44 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 7.91% and showing a year-over-year increase from $167.89 million [2] Earnings Performance - Cricut has surpassed consensus EPS estimates in all four of the last quarters, indicating strong earnings performance [2] - The company had an earnings surprise of +83.33% in the previous quarter, where it reported earnings of $0.11 per share against an expectation of $0.06 [1][2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of $197.14 million, while for the current fiscal year, it is $0.28 on revenues of $689.83 million [7] - The earnings outlook and revisions will be crucial for understanding the stock's future performance [4][6] Industry Context - Cricut operates within the Zacks Technology Services industry, which is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable industry environment [8] - The performance of Cricut's stock may be influenced by the overall outlook for the industry, as higher-ranked industries tend to outperform lower-ranked ones significantly [8]