Abercrombie & Fitch ANF unveils its next round of earnings this Thursday, August 26. Get prepared with Benzinga's ultimate preview for Abercrombie & Fitch's Q2 earnings.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Wall Street analysts see Abercrombie & Fitch reporting earnings of $0.72 per share on sales of $869.32 million. In the same quarter last year, Abercrombie & Fitch announced EPS of $0.23 on revenue of $698.33 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate when it reports Thursday, EPS would be up 213.04%. Sales would be up 24.49% from the year-ago period. Here is how the Abercrombie & Fitch's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | -0.38 | 1.22 | -0.04 | -0.83 |
EPS Actual | 0.67 | 1.50 | 0.76 | 0.23 |
Revenue Estimate | 687.35 M | 1.12 B | 739.36 M | 658.44 M |
Revenue Actual | 781.40 M | 1.12 B | 819.65 M | 698.33 M |
Want Real-Time Earnings Calendar Updates?
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Stock Performance
Shares of Abercrombie & Fitch were trading at $41.56 as of August 24. Over the last 52-week period, shares are up 235.33%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Abercrombie & Fitch is scheduled to hold the call at 08:30:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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