Aritzia Inc reports results for the quarter ended in August - Earnings Summary

Aritzia

28/09/2023 22:01

* Aritzia Inc  ATZ.TO  reported quarterly adjusted earnings
of 3
cents​​ per share for the quarter ended in August. The mean
expectation of eight analysts for the quarter was for a loss
of 4 cents per share.
    * Revenue rose 1.6% to C$534.19 million from a year ago;
analysts
expected C$519.97 million. 
    * Aritzia Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 137.3% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Aritzia Inc shares had fallen by 40.5% this quarter and
lost 53.8% so far this year.
    * The company reported a quarterly loss of C$5.99 million.
    * Wall Street's median 12-month price target for Aritzia Inc
is
C$37.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
September 28 at 09:01 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      -0.04          0.03           Beat
 May. 31 2023      0.09           0.10           Beat
 Feb. 28 2023      0.36           0.40           Beat
 Nov. 30 2022      0.64           0.67           Beat