Chico's FAS Inc expected to post earnings of 27  cents a share - Earnings Preview

Chico's FAS

25/08/2023 14:23

* Chico's FAS Inc  CHS.N   CHS  is expected to show a fall
in
quarterly revenue when it reports  results on August 29. 
    * The Fort Myers Florida-based  company is expected to
report  a
0.7% decrease in revenue to $554.9 million from $558.72 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on June 6 2023,
for the period ended July 31, was for revenue between $545.00
million and $565.00 million.
    * ​Refinitiv's mean analyst estimate for Chico's FAS Inc is
for
earnings of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Chico's FAS
Inc
is $7.63​, above​ its last closing price of $5.13. ​​​

The company's guidance on June 6 2023 for the period ended July
31 was for gross profit margin between USD39% and USD39.5%.
This summary was machine generated August 25 at 13:23 GMT.  All
figures in US dollars  unless otherwise stated