Here's What Key Metrics Tell Us About Stitch Fix (SFIX) Q4 Earnings
For the quarter ended July 2023, Stitch Fix (SFIX) reported revenue of $375.8 million, down 22% over the same period last year. EPS came in at -$0.19, compared to -$0.65 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $371.51 million, representing a surprise of +1.15%. The company delivered an EPS surprise of +13.64%, with the consensus EPS estimate being -$0.22.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.