Five Below Inc reports results for the quarter ended July 31 - Earnings Summary

• Five Below Inc FIVE.OQ reported quarterly adjusted earnings of 81 cents​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of twenty analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from 56 cents to 72 cents per share.

• Revenue rose 23.7% to $1.03 billion from a year ago; analysts expected $992.70 million.

• Five Below Inc's reported EPS for the quarter was 77 cents​.

• The company reported quarterly net income of $42.76 million.

• Five Below Inc shares had risen by 8.2% this quarter and gained 35.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.4% 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 "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the department stores peer group is also "buy"

• Wall Street's median 12-month price target for Five Below Inc is $142.50, about 0.4% above its last closing price of $141.98

This summary was machine generated from LSEG data August 27 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)