Fossil Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Fossil Group Inc FOSL.OQ reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended June 30. The lone analyst forecast for the quarter was for a loss of 21 cents per share.

• Revenue was $220.40 million​; analysts expected $198.04 million.

• Fossil Group Inc's reported EPS for the quarter was a loss of 4 cents​.

• Fossil Group Inc shares had risen by 18.2% this quarter and gained 4.8% so far this year.

FORECAST CHANGES

• 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 "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is "hold."

• Wall Street's median 12-month price target for Fossil Group Inc is $5.00, about 65% above its last closing price of $1.75

This summary was machine generated from LSEG data August 13 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)