Abercrombie & Fitch (NYSE:ANF) Issues Q1 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.25-1.45 for the period, compared to the consensus estimate of $1.96. The company issued revenue guidance of $1.06-1.08 billion, compared to the consensus revenue estimate of $1.08 billion. Abercrombie & Fitch also updated its FY 2025 guidance to 10.400-11.400 EPS.

Analyst Upgrades and Downgrades

ANF has been the subject of several recent research reports. Morgan Stanley reduced their price objective on Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 15th. Telsey Advisory Group reissued an “outperform” rating and issued a $190.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, February 26th. Raymond James decreased their target price on Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. UBS Group upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and upped their target price for the company from $173.00 to $220.00 in a research note on Friday, January 10th. Finally, StockNews.com upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Saturday. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and an average price target of $182.25.

Abercrombie & Fitch Trading Down 0.5 %

NYSE ANF opened at $96.20 on Wednesday. Abercrombie & Fitch has a 1-year low of $86.14 and a 1-year high of $196.99. The stock’s 50 day moving average is $125.08 and its two-hundred day moving average is $138.29. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 9.52 and a beta of 1.49.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.50 by $0.07. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the prior year, the business posted $2.97 EPS. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. On average, analysts predict that Abercrombie & Fitch will post 10.62 earnings per share for the current year.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.