Genesco (GCO) Scheduled to Post Quarterly Earnings on Thursday
Genesco (NYSE:GCO) will issue its quarterly earnings data on Thursday, August 28th. Genesco has set its FY15 guidance at $5.40-5.55 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
Genesco (NYSE:GCO) last posted its quarterly earnings results on Friday, May 30th. The company reported $0.81 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.91 by $0.10. The company had revenue of $628.80 million for the quarter, compared to the consensus estimate of $618.92 million. During the same quarter last year, the company posted $0.94 earnings per share. Genesco’s revenue was up 6.3% compared to the same quarter last year. On average, analysts expect Genesco to post $5.46 EPS for the current fiscal year and $6.24 EPS for the next fiscal year.
Shares of Genesco (NYSE:GCO) opened at 89.25 on Wednesday. Genesco has a one year low of $60.03 and a one year high of $89.58. The stock’s 50-day moving average is $80.30 and its 200-day moving average is $76.8. The company has a market cap of $2.140 billion and a P/E ratio of 22.46.
GCO has been the subject of a number of recent research reports. Analysts at SunTrust raised their price target on shares of Genesco from $90.00 to $101.00 in a research note on Tuesday. On a related note, analysts at Susquehanna raised their price target on shares of Genesco from $85.00 to $100.00 in a research note on Monday. Finally, analysts at Avondale Partners upgraded shares of Genesco from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 20th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Genesco presently has an average rating of “Hold” and an average target price of $84.00.
Genesco Inc is a retailer and wholesaler of footwear, apparel and accessories. The Company operates in six segments: Journeys Group, Underground Station Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group and Licensed Brands.
Receive News & Ratings for Genesco Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesco Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.