Genesco (NYSE:GCO) Releases FY20 Earnings Guidance
Genesco (NYSE:GCO) issued an update on its FY20 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $4.10-4.40 for the period, compared to the Thomson Reuters consensus estimate of $4.05.
Shares of Genesco stock opened at $48.82 on Monday. Genesco has a twelve month low of $31.65 and a twelve month high of $50.73. The company has a quick ratio of 0.28, a current ratio of 1.34 and a debt-to-equity ratio of 1.27. The business has a 50-day moving average price of $39.11 and a 200-day moving average price of $39.75. The firm has a market cap of $732.24 million, a price-to-earnings ratio of 14.88, a PEG ratio of 2.30 and a beta of 0.49.
Genesco (NYSE:GCO) last posted its earnings results on Friday, December 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.23. Genesco had a positive return on equity of 10.97% and a negative net margin of 1.74%. The company had revenue of $537.30 million for the quarter, compared to the consensus estimate of $540.64 million. During the same period in the previous year, the business earned $0.95 earnings per share. The firm’s revenue for the quarter was down .5% on a year-over-year basis. On average, equities analysts expect that Genesco will post 4.25 EPS for the current fiscal year.
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. The Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, and Little Burgundy retail chains, as well as through e-commerce and catalogs for young men, women, and children.
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