Aritzia Inc reports results for the quarter ended November 30 - Earnings Summary

• Aritzia Inc ATZ.TO reported quarterly adjusted earnings of 71 cents​​ per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of eight analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from 59 cents to 68 cents per share.

• Revenue rose 11.5% to C$728.70 million from a year ago; analysts expected C$700.65 million.

• Aritzia Inc's reported EPS for the quarter was 63 cents​.

• The company reported quarterly net income of C$74.07 million.

• Aritzia Inc shares had risen by 6.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Aritzia Inc is C$65.00

This summary was machine generated from LSEG data January 9 at 10:00 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)