Genesco Inc expected to post earnings of 27  cents a share - Earnings Preview

Genesco

30/08/2022 14:14

* Genesco Inc  GCO.N   GCO  is expected to show a fall in
quarterly revenue when it reports  results on September 1. 
    * The Nashville Tennessee-based  company is expected to
report  a
2.8% decrease in revenue to $539.889 million from $555.18
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
earnings of 27 cents per share. For the same quarter last year,
the company reported earnings of $1.05 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 Genesco Inc
is
$82​, above​ its last closing price of $61.75. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2022  -0.09       -0.09      0.44      Beat    571.4
 Jan. 31 2022  2.64        2.64       3.48      Beat    31.8
 Oct. 31 2021  1.29        1.29       2.36      Beat    83.5​
 Jul. 31 2021  0.04        0.03       1.05      Beat    3,400
 ​​Apr.        -0.50       -0.52      0.79      Beat    250.5
 30 2021                                                
 Jan. 31 2021  1.99        1.96       2.76      Beat    41​
 Oct. 31 2020  -0.15       -0.14      0.85      Beat    725
 Jul. 31 2020  -1.90       -1.85      -1.23     Beat    33.5
 This summary was machine generated August 30 at 13:14 GMT.  All
figures in US dollars  unless otherwise stated