04.03.2020 13:58:40

Abercrombie & Fitch Co. Q4 adjusted earnings Beat Estimates

(RTTNews) - Abercrombie & Fitch Co. (ANF) announced earnings for fourth quarter that declined from last year.

The company's profit totaled $83.13 million, or $1.29 per share. This compares with $96.94 million, or $1.42 per share, in last year's fourth quarter.

Excluding items, Abercrombie & Fitch Co. reported adjusted earnings of $83.89 million or $1.31 per share for the period.

Analysts had expected the company to earn $1.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.7% to $1.18 billion from $1.16 billion last year.

Abercrombie & Fitch Co. earnings at a glance:

-Earnings (Q4): $83.89 Mln. vs. $91.64 Mln. last year. -EPS (Q4): $1.31 vs. $1.35 last year. -Analysts Estimate: $1.23 -Revenue (Q4): $1.18 Bln vs. $1.16 Bln last year.

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