Ascena Retail Q2 Earnings Preview

On Monday, Ascena Retail Group ASNA will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Analysts covering Ascena Retail have modeled for quarterly EPS loss of 9 cents on revenue of $1.65 billion.

In the same quarter last year, Ascena Retail reported EPS loss of 7 cents on revenue of $1.7 billion. If the company were to match the consensus estimate when it reports Monday, earnings would be up 28.57 percent. Revenue would be down 5.61 percent from the year-ago period.

The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.11 -0.03 0.1 0.44
EPS Actual 0.11 0.05 0.05 -0.07

 

Stock Performance

Over the past 52-week period, shares of Ascena Retail have declined -47.41 percent. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Ascena Retail. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Ascena Retail's Q2 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.

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