Q1 2025 Earnings Estimate for Genesco Inc. (NYSE:GCO) Issued By Seaport Res Ptn

Genesco Inc. (NYSE:GCOFree Report) – Stock analysts at Seaport Res Ptn raised their Q1 2025 earnings estimates for shares of Genesco in a research note issued on Tuesday, May 28th. Seaport Res Ptn analyst M. Kummetz now expects that the company will earn ($2.62) per share for the quarter, up from their prior estimate of ($2.70). The consensus estimate for Genesco’s current full-year earnings is $0.64 per share. Seaport Res Ptn also issued estimates for Genesco’s Q2 2025 earnings at ($1.00) EPS.

Genesco (NYSE:GCOGet Free Report) last announced its quarterly earnings data on Friday, March 8th. The company reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.66 by ($0.07). The company had revenue of $739.00 million for the quarter, compared to analysts’ expectations of $705.66 million. Genesco had a positive return on equity of 1.15% and a negative net margin of 0.72%. The company’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.06 earnings per share.

Separately, B. Riley reaffirmed a “neutral” rating and issued a $31.00 price objective (down previously from $43.00) on shares of Genesco in a research report on Tuesday, March 5th.

Read Our Latest Analysis on Genesco

Genesco Trading Up 1.1 %

GCO opened at $27.27 on Friday. The firm has a 50 day moving average price of $26.46 and a 200 day moving average price of $29.09. Genesco has a 1 year low of $17.31 and a 1 year high of $37.89. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.59 and a quick ratio of 0.40.

Institutional Trading of Genesco

Large investors have recently bought and sold shares of the company. Rafferty Asset Management LLC acquired a new stake in Genesco in the third quarter valued at approximately $205,000. Jump Financial LLC acquired a new stake in shares of Genesco during the fourth quarter worth approximately $250,000. Summit Global Investments acquired a new stake in shares of Genesco during the fourth quarter worth approximately $340,000. Hsbc Holdings PLC grew its position in shares of Genesco by 35.3% during the third quarter. Hsbc Holdings PLC now owns 12,112 shares of the company’s stock worth $375,000 after buying an additional 3,161 shares in the last quarter. Finally, Caxton Associates LP acquired a new stake in shares of Genesco during the third quarter worth approximately $505,000. Institutional investors and hedge funds own 94.51% of the company’s stock.

About Genesco

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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.

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Earnings History and Estimates for Genesco (NYSE:GCO)

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