Genesco Inc reports results for the quarter ended in April - Earnings Summary

Genesco

25/05/2023 15:31

* Genesco Inc  GCO.N  reported a quarterly adjusted loss of
$1.59​​ per share for the quarter ended in April. The mean
expectation of two analysts for the quarter was for a loss of
$1.10 per share.
    * Revenue fell 7.2% to $483.33 million from a year ago;
analysts
expected $478.01 million. 
    * Genesco Inc's reported EPS for the quarter was a loss of
$1.60​.
    * The mean earnings estimate of analysts had fallen by
about 303.7% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Genesco Inc shares had fallen by 19.3% this quarter and
lost 35.3% so far this year.
    * The company reported a quarterly loss of $18.89 million.
    * Wall Street's median 12-month price target for Genesco Inc
is
$46.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
25 at 02:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -1.10          -1.59          Missed
 Jan. 31 2023      3.02           3.06           Beat
 Oct. 31 2022      1.57           1.65           Beat
 Jul. 31 2022      0.26           0.59           Beat