Genesco Earnings Preview: Can This Streak Continue?

Genesco (NYSE:GCO) will report earnings before markets open on Friday, May 31st. Genesco Inc. retails branded footwear, licensed and branded headwear, and wholesales branded footwear. The Company operates stores throughout the United States, Puerto Rico, and Canada.

Here is your Cheat Sheet to Genesco Earnings:

Earnings Expectations: Analysts expect earnings of $0.87 per share on revenues of $605.71 million. Currently, the company’s P/E ratio stands at 14.81.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.57 to a profit $0.56. For the current year, the average estimate is a profit of $5.58, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Genesco has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 1,552 1,574 1,790 2,292 2,605
Diluted EPS ($) 6.72 1.30 2.24 3.43 4.60

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 600.14 543.52 664.46 796.69
Diluted EPS ($) 0.85 0.43 1.70 1.62

Past Performance:
Genesco has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]