Abercrombie & Fitch is rated Zacks Rank #1 (Strong Buy), with the consensus earnings estimate for the current fiscal year at $11.42 per share, up 15.8% year over year and revised 0.3% higher over the last 30 days. For the current quarter, the company is expected to post earnings of $3.01 per share, a year-over-year change of +27.5%, with the Zacks Consensus Estimate up 0.8% over the past month. Next fiscal year's consensus estimate of $12.41 indicates a change of +8.6% from what Abercrombie is expected to report a year ago, and that estimate has moved +0.9% over the past month. Revenue is forecast at $1.37 billion for the current quarter, up 5.9% year over year, while current and next fiscal year sales estimates of $5.52 billion and $5.79 billion each indicate +4.8% changes. In the last reported quarter, Abercrombie posted revenues of $1.27 billion, up 4.8% year over year, and EPS of $2.42 versus $2.32 a year ago, beating the Zacks Consensus revenue estimate of $1.24 billion by 1.94% and the EPS estimate by 24.1%.
Abercrombie & Fitch CompanyZacks Rank #1 Strong Buy with consensus EPS estimates revised higher for the current quarter and fiscal year.
