Earnings Outlook For VF
Portfolio Pulse from Benzinga Insights
VF Corp (NYSE:VFC) is set to release its quarterly earnings report on August 1, 2023. Analysts estimate an EPS of -$0.13. Last quarter, VF beat EPS estimates by $0.03, but the share price dropped 3.27% the next day. Over the last 52 weeks, VF shares have declined by 55.08%.
July 31, 2023 | 3:03 pm
News sentiment analysis
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NEGATIVE IMPACT
VF Corp is expected to report a negative EPS for the upcoming quarter. Despite beating EPS estimates last quarter, the share price dropped, and the stock has been on a downward trend over the past year.
The company is expected to report a negative EPS, which is generally seen as a negative signal by investors. Furthermore, the stock price dropped after the last earnings report despite beating estimates, indicating that investors may have been disappointed with other aspects of the report. The overall downward trend of the stock over the past year also suggests a negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100