European Wax Center’s EPS Surprises of 78.6% and 42.1%; ESP +50%
European Wax Center recorded EPS of $0.25 vs $0.14 estimate (78.6% surprise) in the last quarter and $0.27 vs $0.19 estimate (42.1% surprise) prior, averaging 60.3% upside in two consecutive quarters. Its Earnings ESP stands at +50% with a Zacks Rank #2 (Buy), signaling a strong probability of another beat.
1. Consecutive Earnings Beats
European Wax Center surpassed consensus EPS estimates by 78.57% in its most recent quarter, delivering $0.25 per share versus the $0.14 forecast, and by 42.11% in the prior quarter with $0.27 versus $0.19, averaging a 60.34% surprise over two periods.
2. Bullish Indicators for Next Report
The company’s Earnings ESP metric is currently +50%, reflecting analysts’ upward revisions to near-term estimates, and its Zacks Rank #2 (Buy) historically correlates with a high probability of another earnings beat when paired with a positive ESP.