Earnings Outlook For Oxford Industries
Portfolio Pulse from Benzinga Insights
Oxford Industries (NYSE:OXM) is scheduled to release its quarterly earnings report on March 28, 2024, with analysts estimating an EPS of $1.95. The company's past earnings performance shows a pattern of beating EPS estimates, which has occasionally led to positive stock price movements the following day. Shares of Oxford Industries were trading at $108.12 as of March 26, reflecting a 7.16% increase over the last 52 weeks. Investors are likely focused on both the reported earnings and the company's future guidance.
March 27, 2024 | 3:00 pm
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Oxford Industries is anticipated to report an EPS of $1.95 for the upcoming quarter. Historical data suggests that beating EPS estimates can lead to positive stock price movements. With shares currently up 7.16% YTD, a beat or strong guidance could further bolster investor confidence.
Given Oxford Industries' history of beating EPS estimates and the subsequent positive impact on its stock price, there is a strong likelihood that a similar outcome could occur if the company beats the $1.95 EPS estimate or provides strong future guidance. The stock's current year-to-date performance further supports investor optimism.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100