Abercrombie & Fitch (ANF) Scheduled to Post Earnings on Wednesday

Abercrombie & Fitch (NYSE:ANF) will be posting its quarterly earnings results before the market opens on Wednesday, May 29th. Analysts expect Abercrombie & Fitch to post earnings of ($0.44) per share for the quarter. Abercrombie & Fitch has set its FY 2019 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, March 6th. The apparel retailer reported $1.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.20. The business had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.14 billion. Abercrombie & Fitch had a return on equity of 6.93% and a net margin of 2.12%. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.38 EPS. On average, analysts expect Abercrombie & Fitch to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ANF opened at $25.88 on Wednesday. The firm has a market capitalization of $1.74 billion, a P/E ratio of 22.50, a PEG ratio of 1.25 and a beta of 0.63. Abercrombie & Fitch has a 1 year low of $15.28 and a 1 year high of $30.63. The company has a quick ratio of 1.61, a current ratio of 2.39 and a debt-to-equity ratio of 0.24.

In related news, Director Nigel Travis bought 2,917 shares of the business’s stock in a transaction dated Friday, March 8th. The stock was purchased at an average cost of $25.70 per share, for a total transaction of $74,966.90. Following the transaction, the director now owns 2,917 shares in the company, valued at approximately $74,966.90. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.95% of the company’s stock.

Several analysts recently issued reports on the company. ValuEngine upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Wednesday, March 6th. TheStreet upgraded Abercrombie & Fitch from a “c+” rating to a “b-” rating in a research note on Friday, January 25th. Deutsche Bank set a $24.00 price target on Abercrombie & Fitch and gave the company a “sell” rating in a research note on Thursday, March 7th. Argus boosted their price target on Abercrombie & Fitch to $28.00 and gave the company a “buy” rating in a research note on Friday, March 8th. Finally, Royal Bank of Canada boosted their price target on Abercrombie & Fitch to $27.00 and gave the company a “market perform” rating in a research note on Thursday, March 7th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $23.36.

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About Abercrombie & Fitch

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, personal care products, intimates, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brands.

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Earnings History for Abercrombie & Fitch (NYSE:ANF)

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