Foot Locker Inc expected to post a loss of 8 cents a share - Earnings Preview

Foot Locker

26/08/2024 14:47

* Foot Locker Inc  FL.N   FL  is expected to show a rise in
quarterly revenue when it reports  results on August 28 for the
period ending July 31 2024
    * The New York City-based  company is expected to report a
1.2% increase in revenue to $1.886 billion from $1.86 billion a
year ago, according to the mean estimate from 16 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Foot Locker Inc is for a
loss
of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 13
"hold" and 5 "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 Foot Locker
Inc
is $27.00​, below​ its last closing price of $32.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.11        0.12       0.22      Beat    86.7
 Jan. 31 2024  0.33        0.32       0.38      Beat    19.3
 Oct. 31 2023  0.20        0.21       0.30      Beat    42.6​
 Jan. 1 0001   0.04        0.04       0.04      Met     -8.4
 ​​Jan.        0.79        0.81       0.70      Missed  -13.4
 1 0001                                                 
 Jan. 31 2023  0.51        0.51       0.97      Beat    90.8​
 Jan. 1 0001   1.17        1.11       1.27      Beat    14.7
 Jul. 31 2022  0.82        0.79       1.10      Beat    38.4
 This summary was machine generated August 26 at 13:47 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)