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GCO — Genesco News Story

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Genesco Inc expected to post earnings of $3.04 a share - Earnings Preview

* Genesco Inc  GCO.N   GCO  is expected to show a fall in
quarterly revenue when it reports  results on February 20
(estimated) for the period ending January 31 2024
    * The Nashville Tennessee-based  company is expected to
report a
0.3% decrease in revenue to $722.663 million from $725.02
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (Revenue is on Net Sales basis)
    * ​LSEG's mean analyst estimate for Genesco Inc is for
earnings of
$3.04 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 had risen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Genesco Inc
is
$36.50​, above​ its last closing price of $32.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  0.83        0.84       0.57      Missed  -31.7
 Jul. 31 2023  -1.23       -1.23      -0.85     Beat    30.9
 Apr. 30 2023  -1.11       -1.10      -1.59     Missed  -44.5​
 Jan. 31 2023  3.02        3.02       3.06      Beat    1.3
 ​​Oct.        1.57        1.57       1.65      Beat    4.9
 31 2022                                                
 Jul. 31 2022  0.24        0.26       0.59      Beat    126.9​
 Apr. 30 2022  -0.09       -0.09      0.44      Beat    571.4
 Jan. 31 2022  2.64        2.64       3.48      Beat    31.8
 This summary was machine generated February 16 at 11:24 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)

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