Glance at Abercrombie's (ANF) Q1 Earnings: Is It a Buy Option?

Abercrombie & Fitch Co. (ANF) is scheduled to report first-quarter fiscal 2024 results on May 29, before the opening bell.The Zacks Consensus Estimate for fiscal first-quarter revenues is pegged at $948.8 million, suggesting 13.5% growth from that reported in the year-ago quarter. For fiscal first-quarter earnings, the consensus mark is pegged at $1.66 per share, implying a significant increase from the 39 cents reported in the year-ago quarter. The consensus estimate for earnings has moved up 5.7% in the p ...