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

Aritzia

10/01/2024 22:01

* Aritzia Inc  ATZ.TO  reported quarterly adjusted earnings
of 47
cents​​ per share for the quarter ended in November, lower than
the same quarter last year, when the company reported EPS of 67
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 41 cents per share. Wall Street expected
results to range from 39 cents to 43 cents per share.
    * Revenue rose 4.6% to C$653.52 million from a year ago;
analysts
expected C$622.69 million. 
    * Aritzia Inc's reported EPS for the quarter was 38 cents​.
    * The company reported quarterly net income of C$43.09
million.
    * Aritzia Inc shares had fallen by 4.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Aritzia Inc
is
C$32.00 

This summary was machine generated from LSEG data January 10 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2023      0.41           0.47           Beat
 Aug. 31 2023      -0.04          0.03           Beat
 May. 31 2023      0.09           0.10           Beat
 Feb. 28 2023      0.36           0.40           Beat