Genesco Inc. (NYSE:GCO) is expected to report second quarter earnings results, before market open, on Thursday 3rd September 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 1.85 per share from revenue of $ 369.29 million.
Looking ahead, the full year loss are expected at $ 1.16 per share on the revenues of $ 1858.45 million.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 2,263.00 million ~ $ 2,329.00 million, where as bottomline are predicted in a range of $ 4.90 ~ $ 5.40 per share
Click Here For More Historical Outlooks Of Genesco Inc.
Previous Quarter Performance
Genesco Inc. came out with loss for the first quarter of $ 3.65 per share, from the revenue of $ 279.23 million. Wall street analysts are predicting, GCO to report 1Q21 loss of $ 2.52 per share from revenue of $ 306.47 million. The bottom line results missed street analysts by $ 1.13 or 44.84 percent, at the same time, top line results fell short of analysts by $ 27.24 million or 8.89 percent.
Stock Performance
Shares of Genesco Inc. traded up $ 0.39 or 1.86 percent on Wednesday, reaching $ 21.35 with volume of 269.70 thousand shares. The stock opened positive for the day at $ 21.13, after closing the previous day trading at $ 20.96.
According to the previous trading day, closing price of $ 20.96, representing a 279.71 % increase from the 52 week low of $ 5.52 and a 60.6 % decrease over the 52 week high of $ 53.20.
The company has a market capital of $ 313.46 million and is part of the Consumer Cyclical sector and Apparel Stores industry.
Conference Call
Genesco Inc. will be hosting a conference call at 7:30 AM eastern time on 3rd September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/i7cdw92t
Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands.
