Genesco Inc reports results for the quarter ended October 31 - Earnings Summary

Genesco

06/12/2024 14:31

* Genesco Inc  GCO.N  reported quarterly adjusted earnings
of 61
cents​​ per share for the quarter ended October 31, higher than
the same quarter last year, when the company reported EPS of 57
cents.  The mean expectation of two analysts for the quarter was
for earnings of 37 cents per share. 
    * Revenue rose 2.9% to $596.33 million from a year ago;
analysts
expected $580.90 million. 
    * Genesco Inc shares had risen by 37.7% this quarter and
gained 6.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 68.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Genesco Inc is
$27.00 
This summary was machine generated from LSEG data December 6 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.37           0.61           Beat
 Jul. 31 2024      -1.11          -0.83          Beat
 Apr. 30 2024      -2.66          -2.10          Beat
 Jan. 31 2024      3.04           2.59           Missed