Genesco (GCO) Expected to Announce Earnings on Friday

Genesco (NYSE:GCO - Get Free Report) will likely be releasing its earnings data before the market opens on Friday, March 7th. Analysts expect Genesco to post earnings of $3.31 per share and revenue of $780.43 million for the quarter. Genesco has set its FY 2025 guidance at 0.800-1.000 EPS and its FY25 guidance at $0.80-1.00 EPS.Persons that wish to listen to the company's earnings conference call can do so using this link.Genesco Pops On Earnings But Don’t Expect A Rally Genesco (NYSE:GCO - Get Free Report) last announced its earnings results on Friday, December 6th. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.31. Genesco had a negative net margin of 1.13% and a positive return on equity of 0.56%. The firm had revenue of $596.30 million for the quarter, compared to analysts' expectations of $577.73 million. During the same quarter in the previous year, the business posted $0.57 EPS. The company's quarterly revenue was up 2.9% on a year-over-year basis. On average, analysts expect Genesco to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year. Genesco Trading Down 1.7 %Shares of NYSE GCO opened at $36.16 on Friday. Genesco has a 1 year low of $23.21 and a 1 year high of $44.80. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.56 and a quick ratio of 0.32. The firm has a 50-day moving average of $40.83 and a 200 day moving average of $34.05. The stock has a market cap of $405.37 million, a P/E ratio of -14.88 and a beta of 2.35. Insider ActivityIn other Genesco news, VP Daniel E. Ewoldsen sold 4,000 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $42.68, for a total transaction of $170,720.00. Following the sale, the vice president now directly owns 41,358 shares in the company, valued at approximately $1,765,159.44. This trade represents a 8.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 7.09% of the company's stock. Analysts Set New Price TargetsSeparately, StockNews.com lowered shares of Genesco from a "buy" rating to a "hold" rating in a report on Wednesday.View Our Latest Stock Report on GCOAbout Genesco (Get Free Report)Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Genesco Brands.Further ReadingFive stocks we like better than GenescoTrading Halts ExplainedVolatility Is Back: 3 Stocks To Cushion the S&P 500's SwingsWhat is the Dogs of the Dow Strategy? Overview and Examples2 Catalysts That Could Push NVIDIA Stock Up 30% This YearWhat is Insider Trading? What You Can Learn from Insider TradingDo GM Stock Buybacks Make the Stock Buyable For Investors?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Genesco Right Now?Before you consider Genesco, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Genesco wasn't on the list.While Genesco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here