Zumiez (NASDAQ:ZUMZ) reported its Q4 earnings results on Thursday, March 10, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Zumiez missed estimated earnings by 3.41%, reporting an EPS of $1.7 versus an estimate of $1.76.
Revenue was up $15.14 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 2.03% increase in the share price the next day.
Here's a look at Zumiez's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.08 | 0.78 | 1.63 | |
| EPS Actual | 1.25 | 1.02 | 1.03 | 1.68 |
| Revenue Estimate | 287.42M | 279.79M | 221.88M | 327.27M |
| Revenue Actual | 289.45M | 268.67M | 279.07M | 331.54M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Zumiez management provided guidance for their next quarter, expecting earnings between $0.0 and $0.1 per share for the next quarter.
This represents a -97.06% in quarter-over-quarter growth for Zumiez, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
