On Wednesday, August 26, Chico's FAS (NYSE: CHS) will release its latest earnings report. Benzinga's outlook for Chico's FAS is included in the following report.
Earnings and Revenue
Analysts covering Chico's FAS have modeled for quarterly EPS loss of $0.25 on revenue of $346.17 million. Chico's FAS EPS in the same period a year ago totaled $0.0. Revenue was $508.36 million. The analyst consensus estimate would represent no change in the company's earnings on a year over year basis.
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 | -0.07 | -0.06 | -0.06 | 0 |
| EPS Actual | -0.38 | -0.03 | -0.04 | 0 |
| Revenue Estimate | 388.27 M | 524.68 M | 473.21 M | 513.34 M |
| Revenue Actual | 280.26 M | 527.09 M | 484.71 M | 508.36 M |
Stock Performance
Over the last 52-week period, shares are down 55.9%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analysts seem to have developed a bearish outlook on the upcoming earnings release in recent days versus 90 days ago.
Don't be surprised to see the stock move on comments made during its conference call. Chico's FAS is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fchicosfas.com%2Finvestors%2Fevents-and-presentations.%2F&eventid=2533961&sessionid=1&key=2EDEC391C2D3715F3970937A2468CA4F®Tag=&sourcepage=register
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