Fossil Group FOSL announces its next round of earnings Tuesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.
Earnings and Revenue
Wall Street analysts see Fossil Group reporting earnings of 37 cents per share on revenue of $888.19 million.
In the same quarter last year, Fossil Group posted EPS of $1.32 on sales of $959.2 million. The current analyst consensus estimate would represent a 71.97 percent decrease in the company's earnings. Revenue would be down 7.40 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | -0.28 | -0.44 | -0.34 | 1.2 |
EPS Actual | -0.03 | -0.48 | -0.65 | 1.32 |
Q4 EPS Estimate: 37 cents per share
Q4 Revenues Estimate: $888 million
Stock Performance
Over the last 52-week period, shares are down 64.05 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts have been rating Fossil Group stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Fossil Group's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://www.fossilgroup.com/investors/earnings-events-and-news/webcasts/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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