Preview: Chico's FAS's Earnings
Portfolio Pulse from Benzinga Insights
Chico's FAS (NYSE:CHS) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $0.27. The company's past performance shows a pattern of beating EPS estimates, which has led to increases in share price. However, the stock has been on a downward trend over the last 52-week period, with shares down 18.1%.
August 28, 2023 | 2:01 pm
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Chico's FAS is expected to report an EPS of $0.27 in its upcoming earnings report. Despite past EPS beats, the stock has been on a downward trend, with shares down 18.1% over the last 52 weeks.
The upcoming earnings report is a significant event for Chico's FAS. While the company has a history of beating EPS estimates, which typically leads to a positive reaction in the stock price, the overall trend for the stock has been negative over the past year. This suggests that despite the potential for a positive earnings surprise, there are other factors at play that are contributing to the stock's poor performance.
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