Cricut, Inc. (CRCT) Q1 Earnings and Revenues Top Estimates

Group 1: Earnings Performance - Cricut, Inc. reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of$ 0.08 per share, and up from $0.09 per share a year ago, representing an earnings surprise of 37.50% [1] - The company posted revenues of$ 162.63 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.37%, although this is a decline from year-ago revenues of $167.39 million [2] Group 2: Stock Performance and Outlook - Cricut shares have declined approximately 10.9% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.06 on revenues of $161.29 million, and for the current fiscal year, it is$ 0.18 on revenues of $690.92 million [7] Group 3: Industry Context - The Technology Services industry, to which Cricut belongs, is currently ranked in the top 24% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]