Abercrombie & Fitch (ANF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Abercrombie & Fitch, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Abercrombie & Fitch is expected to report quarterly earnings of $2.27 per share, reflecting a year-over-year decrease of 9.2% [3][19]. - Revenue is projected to be $1.19 billion, which is an increase of 4.8% compared to the same quarter last year [3][19]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.28% over the last 30 days, indicating a reassessment by analysts [4][19]. - Despite the downward revision, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.62% [12][19]. Earnings Surprise Potential - A positive Earnings ESP suggests a likelihood of beating the consensus EPS estimate, especially given the company's Zacks Rank of 3 (Hold) [12][20]. - Historically, Abercrombie has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +17.78% in the last reported quarter [13][14]. Industry Context - Abercrombie & Fitch operates within the Zacks Retail - Apparel and Shoes industry, where it is positioned as a compelling earnings-beat candidate [18][20].