26.08.2021 13:41:26
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Abercrombie & Fitch Co. Q2 adjusted earnings Beat Estimates
(RTTNews) - Abercrombie & Fitch Co. (ANF) revealed a profit for its second quarter that rose from last year.
The company's earnings totaled $108.50 million, or $1.69 per share. This compares with $5.46 million, or $0.09 per share, in last year's second quarter.
Excluding items, Abercrombie & Fitch Co. reported adjusted earnings of $109.06 million or $1.70 per share for the period.
Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 23.8% to $864.85 million from $698.33 million last year.
Abercrombie & Fitch Co. earnings at a glance:
-Earnings (Q2): $109.06 Mln. vs. $14.71 Mln. last year. -EPS (Q2): $1.70 vs. $0.23 last year. -Analysts Estimate: $0.72 -Revenue (Q2): $864.85 Mln vs. $698.33 Mln last year.
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