Abercrombie & Fitch (NYSE:ANF) Releases 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley dropped their price target on shares of Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 15th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $190.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, February 26th. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Saturday. JPMorgan Chase & Co. upped their price objective on shares of Abercrombie & Fitch from $201.00 to $204.00 and gave the company an “overweight” rating in a report on Friday, December 20th. Finally, UBS Group raised shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $173.00 to $220.00 in a research report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $182.25.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $96.20 on Wednesday. The stock has a market capitalization of $4.85 billion, a P/E ratio of 9.52 and a beta of 1.49. Abercrombie & Fitch has a fifty-two week low of $86.14 and a fifty-two week high of $196.99. The company’s 50-day simple moving average is $125.08 and its 200-day simple moving average is $138.29.

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