Preview: Abercrombie & Fitch's Earnings
On Thursday, August 27, Abercrombie & Fitch (NYSE: ANF) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Analysts are expecting Abercrombie & Fitch to report a loss of $0.83 per share. Revenue will likely be around $658.44 million, according to the consensus estimate. In the same quarter last year, Abercrombie & Fitch posted a loss of $0.48 per share on sales of $841.08 million. The analyst consensus estimate would represent a 72.92% decline in the company's EPS figure. Sales would be down 22.62% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
EPS Estimate | -1.26 | 1.24 | 0.24 | -0.52 |
EPS Actual | -3.29 | 1.31 | 0.23 | -0.48 |
Revenue Estimate | 536.99 M | 1.17 B | 869.53 M | 852.32 M |
Revenue Actual | 485.36 M | 1.19 B | 863.47 M | 841.08 M |
Stock Performance
Over the past 52-week period, shares of Abercrombie & Fitch have declined 21.18%.
Don't be surprised to see the stock move on comments made during its conference call. Abercrombie & Fitch is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/5f8hq5fa
See more from Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
