Five Below Inc reports results for the quarter ended in January - Earnings Summary

Five Below

20/03/2024 21:01

* Five Below Inc  FIVE.OQ  reported quarterly adjusted
earnings of
$3.65​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of
$3.07.  The mean expectation of twenty one analysts for the
quarter was for earnings of $3.78 per share. Wall Street
expected results to range from $3.75  to $3.81 per share.
    * Revenue rose 19.1% to $1.34 billion from a year ago;
analysts
expected $1.35 billion. 
    * Five Below Inc's reported EPS for the quarter was $3.65​.
    * The company reported quarterly net income of $202.2
million.
    * Five Below Inc shares had fallen by 3.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 19 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the department
stores
peer group is also "buy"

Wall Street's median 12-month price target for Five Below Inc is
$225.00 
This summary was machine generated from LSEG data March 20 at
09:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      3.78           3.65           Missed
 Oct. 31 2023      0.24           0.26           Beat
 Jul. 31 2023      0.83           0.84           Beat
 Apr. 30 2023      0.63           0.67           Beat