Genesco's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Genesco (NYSE:GCO) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $-1.23. The company's past performance shows a trend of share price drops following earnings reports. Shares of Genesco were trading at $28.28 as of August 29, with a 52-week decrease of 38.37%.
August 30, 2023 | 2:01 pm
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Genesco's upcoming earnings report could potentially impact its stock price, given the company's history of share price drops following earnings reports. The stock has seen a 38.37% decrease over the last 52 weeks.
Genesco's stock price has historically been negatively impacted by its earnings reports, with share prices dropping following the announcements. Given this trend and the analysts' estimate of a negative EPS, it is likely that the upcoming earnings report could lead to a further decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100