Aritzia Inc expected to post a loss of 4 cents a share - Earnings Preview

Aritzia

26/09/2023 21:23

* Aritzia Inc  ATZ.TO   is expected to show a fall in
quarterly
revenue when it reports  results on September 28. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 1.1% decrease in revenue to C$519.968 million from
C$525.52 million a year ago, according to the mean estimate from
7 analysts, based on Refinitiv data. The company's guidance on
July 11 2023, for the period ended August 31, was for revenue
between C$520.27 million and C$525.52 million.
    * ​Refinitiv's mean analyst estimate for Aritzia Inc is for
a loss
of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Aritzia Inc
is
C$37​, above​ its last closing price of C$21.68. ​​​

The company's guidance on July 11 2023 for the period ended
August 31 was for gross profit margin of CAD34.4%.
Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 May. 31 2023  0.09        0.09       0.10      Beat    12.9
 Feb. 28 2023  0.37        0.36       0.40      Beat    10.2
 Nov. 30 2022  0.63        0.64       0.67      Beat    4.2​
 Aug. 31 2022  0.33        0.33       0.44      Beat    32
 ​​May.        0.30        0.30       0.35      Beat    16.2
 31 2022                                                
 Feb. 28 2022  0.24        0.24       0.34      Beat    44.2​
 Nov. 30 2021  0.41        0.40       0.61      Beat    50.9
 Aug. 31 2021  0.21        0.21       0.39      Beat    83.5
 This summary was machine generated September 26 at 20:23 GMT. 
All figures in Canadian dollars  unless otherwise stated