Regis (RGS) Reports Q4 Loss, Tops Revenue Estimates

August 25, 2021 4 min learn

This yarn in the origin regarded on Zacks

Regis (RGS) came out with a quarterly lack of $0.74 per share versus the Zacks Consensus Estimate of an absence of $0.08. This compares to lack of $1.01 per share a yr previously. These figures are adjusted for non-habitual objects.

This quarterly sage represents an earnings surprise of -825%. A quarter previously, it was once anticipated that this proprietor of hair salon chains Supercuts and MasterCuts would post an absence of $0.02 per share when it in actuality produced an absence of $0.70, handing over a surprise of -3,400%.

Over the final four quarters, the firm has not been ready to surpass consensus EPS estimates.

Regis, which belongs to the Zacks Retail – Miscellaneous alternate, posted revenues of $99.13 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 7.17%. This compares to yr-previously revenues of $60.14 million. The firm has topped consensus earnings estimates accurate once over the final four quarters.

The sustainability of the stock’s instant label circulation in conserving with the recently-launched numbers and future earnings expectations will mostly rely on management’s commentary on the earnings name.

Regis shares savor misplaced about 23.5% for the rationale that starting of the yr versus the S&P 500’s form of 19.4%.

What’s Next for Regis?

Whereas Regis has underperformed the market to this level this yr, the interrogate that comes to investors’ minds is: what’s subsequent for the stock?

There have to not any straightforward solutions to this key interrogate, but one legitimate measure that can wait on investors handle here is the firm’s earnings outlook. Now not handiest does this encompass new consensus earnings expectations for the coming quarter(s), but additionally how these expectations savor changed not too long previously.

Empirical learn shows a solid correlation between blueprint-term stock actions and tendencies in earnings estimate revisions. Traders can tune such revisions by themselves or rely on a tried-and-examined ranking instrument savor the Zacks Defective, which has an excellent tune file of harnessing the energy of earnings estimate revisions.

Earlier than this earnings open, the estimate revisions pattern for Regis was once blended. Whereas the magnitude and route of estimate revisions would possibly well also alternate following the firm’s accurate-launched earnings sage, the new plot translates staunch into a Zacks Defective #3 (Abet) for the stock. So, the shares are anticipated to make in conserving with the market in the blueprint future. You furthermore would possibly can watch the total checklist of at the moment’s Zacks #1 Defective (Get Net) shares here.

This is able to per chance also furthermore be titillating to leer how estimates for the coming quarters and new fiscal yr alternate in the days forward. The new consensus EPS estimate is -$0.21 on $72.6 million in revenues for the coming quarter and -$0.60 on $298.1 million in revenues for the new fiscal yr.

Traders desires to have in mind of the truth that the outlook for the alternate can savor a discipline cloth impression on the efficiency of the stock as wisely. By the consume of the Zacks Enterprise Defective, Retail – Miscellaneous is currently in the quit 23% of the 250 plus Zacks industries. Our learn shows that the quit 50% of the Zacks-ranked industries outperform the bottom 50% by a facet of extra than 2 to 1.

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Regis Corporation (RGS): Gain Free Document

 

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