Genesco Reports Third Quarter Fiscal 2018 Results

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Go back to Genesco Reports Third Quarter Fiscal 2018 Results

Genesco (GCO) PT Lowered to $27 at Piper Jaffray Following 3Q

December 4, 2017 9:43 AM EST

Piper Jaffray lowered its price target on Genesco (NYSE: GCO) to $27.00 (from $35.00) while maintaining a Overweight rating following the company's 3Q earnings report. While Q3 comps of +1.0% bested the Street's +0.3%, EPS still missed external expectations by nearly 10% on margin underperformance.

Journeys trends did... More

Genesco (GCO) Misses Q3 EPS by 10c, Trims FY EPS Guidance

December 1, 2017 6:59 AM EST

Genesco (NYSE: GCO) reported Q3 EPS of $1.02, $0.10 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $717 million versus the consensus estimate of $706.58 million.

GUIDANCE:

Genesco sees FY2018 EPS of $3.05-$3.35, versus the consensus of... More