Abercrombie & Fitch: Q1 Earnings Insights

Abercrombie & Fitch (NYSE:ANF) reported its Q1 earnings results on Wednesday, May 24, 2023 at 07:30 AM. Here’s…

Abercrombie & Fitch (NYSE:ANF) reported its Q1 earnings results on Wednesday, May 24, 2023 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Abercrombie & Fitch beat estimated earnings by 880.0%, reporting an EPS of $0.39 versus an estimate of $-0.05.

Revenue was up $23.23 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 3.04% drop in the share price the next day.

Here’s a look at Abercrombie & Fitch’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.86 -0.15 0.22 0.08
EPS Actual 0.81 0.01 -0.30 -0.27
Revenue Estimate 1.18B 831.13M 843.56M 799.31M
Revenue Actual 1.20B 880.08M 805.09M 812.76M

To track all earnings releases for Abercrombie & Fitch visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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