Five Below Inc reports results for the quarter ended April 30 - Earnings Summary

• Five Below Inc FIVE.OQ reported quarterly adjusted earnings of 86 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 53 cents to 84 cents per share.

• Revenue rose 19.5% to $970.53 million from a year ago; analysts expected $966.49 million.

• Five Below Inc's reported EPS for the quarter was 75 cents​.

• The company reported quarterly net income of $41.15 million.

• Five Below Inc shares had risen by 63.1% this quarter and gained 16.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 50.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the department stores peer group is "buy."

• Wall Street's median 12-month price target for Five Below Inc is $110.00

This summary was machine generated from LSEG data June 4 at 09:01 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)