Abercrombie & Fitch (ANF) Set to Announce Quarterly Earnings on Tuesday

Abercrombie & Fitch (NYSE:ANF) is scheduled to announce its earnings results before the market opens on Tuesday, November 26th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Abercrombie & Fitch has set its FY 2019 guidance at EPS and its Q3 2019 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Abercrombie & Fitch (NYSE:ANF) last posted its earnings results on Thursday, August 29th. The apparel retailer reported ($0.48) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.52) by $0.04. The firm had revenue of $841.08 million during the quarter, compared to analyst estimates of $847.96 million. Abercrombie & Fitch had a net margin of 2.00% and a return on equity of 5.84%. Abercrombie & Fitch’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the firm posted $0.06 earnings per share. On average, analysts expect Abercrombie & Fitch to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of ANF opened at $17.08 on Tuesday. The company has a market cap of $1.13 billion, a PE ratio of 14.85, a P/E/G ratio of 1.58 and a beta of 0.95. The business has a fifty day moving average of $16.32 and a 200 day moving average of $17.95. Abercrombie & Fitch has a 52-week low of $13.58 and a 52-week high of $30.63. The company has a quick ratio of 0.87, a current ratio of 1.48 and a debt-to-equity ratio of 1.48.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, December 6th will be given a $0.20 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.80 dividend on an annualized basis and a yield of 4.68%. Abercrombie & Fitch’s dividend payout ratio is presently 69.57%.

ANF has been the subject of a number of analyst reports. Wedbush set a $16.00 price target on Abercrombie & Fitch and gave the stock a “hold” rating in a research report on Friday, August 30th. Morgan Stanley lowered their price target on Abercrombie & Fitch from $15.00 to $14.00 and set an “underweight” rating for the company in a research report on Tuesday, September 3rd. ValuEngine upgraded Abercrombie & Fitch from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Telsey Advisory Group lowered their price target on Abercrombie & Fitch from $20.00 to $17.00 and set a “market perform” rating for the company in a research report on Friday, August 30th. Finally, Deutsche Bank upgraded Abercrombie & Fitch from a “sell” rating to a “hold” rating and lowered their price target for the stock from $15.00 to $14.00 in a research report on Friday, August 30th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. Abercrombie & Fitch presently has a consensus rating of “Hold” and a consensus price target of $19.64.

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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