Aritzia Inc expected to post earnings of 41 cents a share - Earnings Preview

Aritzia

08/01/2024 21:03

* Aritzia Inc  ATZ.TO   is expected to show a fall in
quarterly
revenue when it reports  results on January 10 for the period
ending August 31 2023
    * The Vancouver British Columbia-based  company is expected
to
report a 0.3% decrease in revenue to C$622.686 million from
C$624.62 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.The company's guidance on
September 28 2023, for the period ended November 30, was for
revenue between C$618.37 million and C$624.62 million.
    * ​LSEG's mean analyst estimate for Aritzia Inc is for
earnings of
41 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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$32.00​, above​ its last closing price of C$25.00. ​​​

The company's guidance on September 28 2023 for the period ended
November 30 was for gross profit margin of CAD41.33%.
Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 28 2023  0.37        0.36       0.40      Beat    10.2​
 Nov. 30 2022  0.63        0.64       0.67      Beat    4.2
 ​​Aug.        0.33        0.33       0.44      Beat    32
 31 2022                                                
 May. 31 2022  0.30        0.30       0.35      Beat    16.2​
 Feb. 28 2022  0.24        0.24       0.34      Beat    44.2
 Nov. 30 2021  0.41        0.40       0.61      Beat    50.9
 This summary was machine generated January 8 at 21:03 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)