Genesco Inc expected to post a loss of 9  cents a share - Earnings Preview

Genesco

24/05/2022 14:23

* Genesco Inc  GCO.N   GCO  is expected to show a fall in
quarterly revenue when it reports  results on May 26. 
    * The Nashville Tennessee-based  company is expected to
report  a
3.3% decrease in revenue to $521.052 million from $538.7 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Genesco Inc is for
a loss
of 9 cents per share. For the same quarter last year, the
company reported earnings of 79 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Genesco Inc
is
$82​, above​ its last closing price of $55.34. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2022  2.64        2.64       3.48      Beat    31.8
 Oct. 31 2022  1.29        1.29       2.36      Beat    83.5
 Jul. 31 2021  0.04        0.03       1.05      Beat    3,400​
 Apr. 30 2021  -0.50       -0.52      0.79      Beat    250.5
 ​​Jan.        1.99        1.96       2.76      Beat    41
 31 2021                                                
 Oct. 31 2020  -0.15       -0.14      0.85      Beat    725​
 Jul. 31 2020  -1.90       -1.85      -1.23     Beat    33.5
 Apr. 30 2020  -2.56       -2.52      -3.65     Missed  -44.6
 This summary was machine generated May 24 at 13:23 GMT.  All
figures in US dollars  unless otherwise stated