Genesco Inc reports results for the quarter ended January 31 - Earnings Summary

• Genesco Inc GCO.N reported quarterly adjusted earnings of $3.26​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $2.59. The mean expectation of two analysts for the quarter was for earnings of $3.31 per share. Wall Street expected results to range from $3.26 to $3.35 per share.

• Revenue rose 0.9% to $745.95 million from a year ago; analysts expected $784.85 million.

• Genesco Inc shares had fallen by 24.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Genesco Inc is $40.00

This summary was machine generated from LSEG data March 7 at 02:31 p.m. UTC. ​All figures in US 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)