Aritzia Inc expected to post earnings of 16 cents a share - Earnings Preview

Aritzia

09/07/2024 21:03

* Aritzia Inc  ATZ.TO   is expected to show a rise in
quarterly
revenue when it reports  results on July 11 for the period
ending May 31 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 5.1% increase in revenue to C$486.433 million from
C$462.67 million a year ago, according to the mean estimate from
8 analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended May 31, was for revenue between
C$475.00 million and C$495.00 million.
    * ​LSEG's mean analyst estimate for Aritzia Inc is for
earnings of
16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Aritzia Inc
is
C$44.50​, above​ its last closing price of C$40.06. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.32        0.32       0.34      Beat    5.8
 Nov. 30 0001  0.41        0.41       0.47      Beat    14.3
 Aug. 31 2023  -0.04       -0.04      0.03      Beat    182.8​
 May. 31 2023  0.09        0.09       0.10      Beat    12.9
 ​​Feb.        0.37        0.36       0.40      Beat    10.2
 28 2023                                                
 Nov. 30 2022  0.63        0.64       0.67      Beat    4.2​
 Aug. 31 2022  0.33        0.33       0.44      Beat    32
 May. 31 2022  0.30        0.30       0.35      Beat    16.2
 This summary was machine generated July 9 at 20:03 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)