Genesco: Q1 Earnings Insights

Genesco GCO reported its Q1 earnings results on Thursday, May 25, 2023 at 06:50 AM.

Here's what investors need to know about the announcement.

Earnings

Genesco missed estimated earnings by 44.55%, reporting an EPS of $-1.59 versus an estimate of $-1.1.

Revenue was down $37.42 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.31% increase in the share price the next day.

Here's a look at Genesco's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 3.02 1.57 0.26 -0.09
EPS Actual 3.06 1.65 0.59 0.44
Revenue Estimate 727.39M 590.23M 546.43M 521.05M
Revenue Actual 725.02M 603.79M 535.33M 520.75M

To track all earnings releases for Genesco visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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