Aritzia Inc expected to post earnings of 32 cents a share - Earnings Preview

Aritzia

01/05/2024 24:01

* Aritzia Inc  ATZ.TO   is expected to show a rise in
quarterly
revenue when it reports  results on May 2 for the period ending
February 29 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 7.4% increase in revenue to C$684.654 million from
C$637.58 million a year ago, according to the mean estimate from
8 analysts, based on LSEG data.The company's guidance on January
10 2024, for the period ended February 29, was for revenue
between C$670.00 million and C$690.00 million.
    * ​LSEG's mean analyst estimate for Aritzia Inc is for
earnings of
32 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "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$41.50​, above​ its last closing price of C$35.64. ​​​

The company's guidance on January 10 2024 for the period ended
February 29 was for gross profit margin between CAD37.98% and
CAD38.3598%.
Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Nov. 30 2023  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​
 Jan. 1 0001   0.37        0.36       0.40      Beat    10.2
 ​​Nov.        0.63        0.64       0.67      Beat    4.2
 30 2022                                                
 Aug. 31 2022  0.33        0.33       0.44      Beat    32​
 May. 31 2022  0.30        0.30       0.35      Beat    16.2
 Feb. 28 2022  0.24        0.24       0.34      Beat    44.2
 This summary was machine generated April 30 at 23:01 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)