• Genesco Inc GCO.N reported quarterly adjusted earnings of 61 cents​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of two analysts for the quarter was for earnings of 37 cents per share.

• Revenue rose 2.9% to $596.33 million from a year ago; analysts expected $580.90 million.

• Genesco Inc shares had risen by 37.7% this quarter and gained 6.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 68.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Genesco Inc is $27.00

This summary was machine generated from LSEG data December 6 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)