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

Genesco

01/09/2022 14:31

* Genesco Inc  GCO.N  reported quarterly adjusted earnings
of 59
cents​​ per share for the quarter ended in July. The mean
expectation of three analysts for the quarter was for earnings
of 26 cents per share.
    * Revenue fell 3.6% to $535.33 million from a year ago;
analysts
expected $539.89 million. 
    * Genesco Inc's reported EPS for the quarter was 59 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Genesco Inc shares had risen by 13.4% this quarter and
lost 11.8% so far this year.
    * The company reported quarterly net income of $7.64
million.
    * Wall Street's median 12-month price target for Genesco Inc
is
$72.50 
    * 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." 

This summary was machine generated from Refinitiv data September
1 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.26           0.59           Beat
 Apr. 30 2022      -0.09          0.44           Beat
 Jan. 31 2022      2.64           3.48           Beat
 Oct. 31 2021      1.29           2.36           Beat