Market Overview

Earnings Preview for Foot Locker

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On Friday, August 21, Foot Locker (NYSE: FL) 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

Wall Street analysts see Foot Locker reporting a loss of $0.6 per share on revenue of $1.29 billion. In the same quarter last year, Foot Locker reported EPS of $0.66 on revenue of $1.77 billion. The analyst consensus estimate would represent a 190.91% decrease in the company's earnings per share. Revenue would have fallen 27.28% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.49 1.60 1.08 0.67
EPS Actual -0.67 1.63 1.13 0.66
Revenue Estimate 1.58 B 2.25 B 1.94 B 1.82 B
Revenue Actual 1.18 B 2.22 B 1.93 B 1.77 B

Stock Performance

Over the last 52-week period, shares are down 19.6%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Foot Locker is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/fl/mediaframe/39497/indexr.html

 

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Posted-In: Earnings