Genesco (NYSE:GCO) reported its Q1 earnings results on Thursday, May 25, 2023 at 06:50 AM.
Here’s what investors need to know about the announcement.
Earnings
Genesco missed estimated earnings by 44.55%, reporting an EPS of $-1.59 versus an estimate of $-1.1.
Revenue was down $37.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 1.31% increase in the share price the next day.
Here’s a look at Genesco’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 3.02 | 1.57 | 0.26 | -0.09 |
| EPS Actual | 3.06 | 1.65 | 0.59 | 0.44 |
| Revenue Estimate | 727.39M | 590.23M | 546.43M | 521.05M |
| Revenue Actual | 725.02M | 603.79M | 535.33M | 520.75M |
To track all earnings releases for Genesco visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
