Genesco GCO releases its next round of earnings this Thursday, September 03. Here's Benzinga's essential guide to Genesco's Q2 earnings report.
Earnings and Revenue
Wall Street expects an EPS loss of $1.85 and sales around $369.29 million. In the same quarter last year, Genesco reported earnings per share of $0.15 on sales of $486.57 million. Analysts estimate would represent a 1333.33% decrease in the company's earnings per share. 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 | -2.02 | 2.75 | 1.08 | -0.02 |
| EPS Actual | -3.65 | 3.09 | 1.33 | 0.15 |
| Revenue Estimate | 317.80 M | 680.43 M | 540.56 M | 487.93 M |
| Revenue Actual | 279.23 M | 677.58 M | 537.26 M | 486.57 M |
Stock Performance
Over the last 52-week period, shares are down 38.95%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Genesco is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/i7cdw92t
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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