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

Oxford Industries

27/08/2024 12:25

* Oxford Industries Inc  OXM.N   OXM  is expected to show a
rise
in quarterly revenue when it reports  results on August 29
(estimated) for the period ending July 31 2024
    * The Atlanta Georgia-based  company is expected to report a
4.7% increase in revenue to $440.014 million from $420.32
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on June 12
2024, for the period ended July 31, was for revenue between
430.00 million and 450.00 million.
    * ​LSEG's mean analyst estimate for Oxford Industries Inc is
for
earnings of $3.04 per share. The company's EPS guidance on June
12 2024, for the period ended July 31, was between 2.95 and
3.15 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Oxford
Industries
Inc is $105.50​, above​ its last closing price of $85.32. ​​​

The company's guidance on June 12 2024 for the period ended July
31 was for gross profit margin of 63.43%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  2.68        2.68       2.66      Missed  -0.6
 Jan. 31 2024  1.96        1.95       1.90      Missed  -2.4
 Jan. 1 0001   0.95        0.96       1.01      Beat    5.8​
 Jul. 31 2023  3.37        3.40       3.45      Beat    1.6
 ​​Apr.        3.75        3.74       3.78      Beat    1
 30 2023                                                
 Jan. 31 2023  2.14        2.14       2.28      Beat    6.4​
 Oct. 31 2022  1.23        1.22       1.46      Beat    19.7
 Jul. 31 2022  3.48        3.48       3.61      Beat    3.9
 This summary was machine generated August 27 at 11:25 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)