My Size, Inc. (MYSZ) Reports Q3 Loss, Misses Revenue Estimates

Core Viewpoint - My Size, Inc. reported a quarterly loss of $0.64 per share, significantly better than the Zacks Consensus Estimate of a loss of$1.14, marking an earnings surprise of 43.86% [1] - The company has shown mixed performance in revenue estimates, missing the consensus by 8.05% with revenues of $1.84 million for the quarter ended September 2024, down from$2.16 million a year ago [2] Financial Performance - The quarterly loss of $0.64 per share is an improvement from a loss of$3.52 per share a year ago [1] - Over the last four quarters, My Size has surpassed consensus EPS estimates three times [2] - The company has not been able to beat consensus revenue estimates over the last four quarters [2] Stock Performance - My Size shares have declined approximately 72.2% since the beginning of the year, contrasting with the S&P 500's gain of 25.5% [3] - The current Zacks Rank for My Size is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.63 on revenues of$3 million, and for the current fiscal year, it is -$4.69 on revenues of$9.96 million [7] - The trend of estimate revisions for My Size is mixed, which could change following the recent earnings report [6] Industry Context - The Internet - Software industry, to which My Size belongs, is currently ranked in the top 18% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]