Genesco GCO is gearing up to announce its quarterly earnings on Friday, 2024-12-06. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Genesco will report an earnings per share (EPS) of $0.22.
Genesco bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.28, leading to a 0.0% drop in the share price the following trading session.
Performance of Genesco Shares
Shares of Genesco were trading at $38.19 as of December 03. Over the last 52-week period, shares are up 25.25%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Genesco visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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