Five Below Inc reports results for the quarter ended October 31 - Earnings Summary

Five Below

04/12/2024 22:01

* Five Below Inc  FIVE.OQ  reported quarterly adjusted
earnings of
42 cents​​ per share for the quarter ended October 31, higher
than the same quarter last year, when the company reported EPS
of 26 cents.  The mean expectation of twenty three analysts for
the quarter was for earnings of 17 cents per share. Wall Street
expected results to range from 10 cents to 22 cents per share.
    * Revenue rose 14.6% to $843.71 million from a year ago;
analysts
expected $798.58 million. 
    * Five Below Inc's reported EPS for the quarter was 3
cents​.
    * The company reported quarterly net income of $1.69
million.
    * Five Below Inc shares had risen by 16.8% this quarter and
lost 51.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.3%
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 "hold"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 14
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the department
stores
peer group is also "hold"

Wall Street's median 12-month price target for Five Below Inc is
$100.00 
This summary was machine generated from LSEG data December 4 at
10:00 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
 Oct. 31 2024      0.17           0.42           Beat
 Jul. 31 2024      0.54           0.54           Met
 Apr. 30 2024      0.63           0.60           Missed
 Jan. 31 2024      3.78           3.65           Missed