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

Oxford Industries

11/12/2024 22:01

* Oxford Industries Inc  OXM.N  reported a quarterly
adjusted loss
of 11 cents​​ per share for the quarter ended October 31, lower
than the same quarter last year, when the company reported EPS
of $1.01.  The mean expectation of five analysts for the quarter
was for earnings of 9 cents per share. Wall Street expected
results to range from 5 cents to 12 cents per share.
    * Revenue fell 5.7% to $308.03 million from a year ago;
analysts
expected $316.83 million. 
    * Oxford Industries Inc's reported EPS for the quarter was a
loss
of 25 cents​.
    * The company reported a quarterly loss of $3.94 million.
    * Oxford Industries Inc shares had fallen by 4.0% this
quarter and
lost 16.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 91.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the apparel &
accessories peer group is also "hold"

Wall Street's median 12-month price target for Oxford Industries
Inc is $83.50 
This summary was machine generated from LSEG data December 11 at
10:00 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      0.09           -0.11          Missed
 Jul. 31 2024      3.00           2.77           Missed
 Apr. 30 2024      2.68           2.66           Missed
 Jan. 31 2024      1.95           1.90           Missed