Core Viewpoint - Analysts forecast Abercrombie & Fitch (ANF) will report quarterly earnings of 1.56 billion, up 7.6% from the previous year [1] Earnings Projections - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 0.7%, indicating a reassessment by covering analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3] Key Metrics Estimates - Analysts project 'Net sales - Hollister' to reach 808.42 million, reflecting a 7.1% year-over-year change [5] - The 'Number of stores - Total (EOP)' is forecasted to reach 785, up from 765 in the same quarter last year [5] - 'Comparable store sales - Hollister - YoY change' is estimated at 13.6%, compared to 6% in the previous year [5] - The consensus for 'Comparable store sales - Abercrombie - YoY change' stands at 7.9%, down from 28% last year [6] - The average prediction for 'Comparable store sales - Total - YoY change' is 10.6%, compared to 16% in the same quarter last year [6] Stock Performance - Abercrombie shares have returned -17.4% over the past month, contrasting with the Zacks S&P 500 composite's -2.4% change, and the stock holds a Zacks Rank 3 (Hold), suggesting it will mirror overall market performance in the near future [7]
Abercrombie (ANF) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures