Five Below Inc expected to post earnings of $3.78 a share - Earnings Preview

Five Below

18/03/2024 20:24

* Five Below Inc  FIVE.OQ   FIVE.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 20 for the
period ending January 31 2024
    * The Philadelphia Pennsylvania-based  company is expected
to
report a 20.2% increase in revenue to $1.349 billion from $1.12
billion a year ago, according to the mean estimate from 17
analysts, based on LSEG data.The company's guidance on January 8
2024, for the period ended January 31, was for revenue between
$1.34 billion and $1.35 billion. (Revenue is on Net sales basis)
    * ​LSEG's mean analyst estimate for Five Below Inc is for
earnings
of $3.78 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 4
"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 Five Below
Inc is
$224.08​, above​ its last closing price of $201.57. ​​​

The company's guidance on November 29 2023 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD270.6 million and USD280.8 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  0.23        0.24       0.26      Beat    10.3
 Jul. 31 2023  0.83        0.83       0.84      Beat    1.4
 Apr. 30 2023  0.63        0.63       0.67      Beat    6.9​
 Jan. 31 2023  3.07        3.07       3.07      Met     0.1
 ​​Oct.        0.15        0.14       0.29      Beat    103
 31 2022                                                
 Jul. 31 2022  0.78        0.78       0.74      Missed  -5​
 Apr. 30 2022  0.59        0.58       0.59      Beat    1.4
 Jan. 31 2022  2.49        2.48       2.49      Beat    0.3
 This summary was machine generated March 18 at 20:24 GMT.  All
figures in US 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)