26.11.2019 13:42:17

Abercrombie & Fitch Co. Q3 adjusted earnings Miss Estimates

(RTTNews) - Abercrombie & Fitch Co. (ANF) announced earnings for third quarter that dropped from last year.

The company's earnings came in at $6.52 million, or $0.10 per share. This compares with $23.92 million, or $0.35 per share, in last year's third quarter.

Excluding items, Abercrombie & Fitch Co. reported adjusted earnings of $14.51 million or $0.23 per share for the period.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.3% to $863.47 million from $861.19 million last year.

Abercrombie & Fitch Co. earnings at a glance:

-Earnings (Q3): $14.51 Mln. vs. $22.38 Mln. last year. -EPS (Q3): $0.23 vs. $0.33 last year. -Analysts Estimate: $0.24 -Revenue (Q3): $863.47 Mln vs. $861.19 Mln last year.

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