We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Five Below (FIVE) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
Wall Street analysts forecast that Five Below (FIVE - Free Report) will report quarterly earnings of $1.32 per share in its upcoming release, pointing to a year-over-year increase of 63%. It is anticipated that revenues will amount to $1.21 billion, exhibiting an increase of 17.9% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Five Below metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Comparable Sales' will reach 8.7%. Compared to the present estimate, the company reported 12.4% in the same quarter last year.
The average prediction of analysts places 'Total stores at end of period' at 2,020 . The estimate compares to the year-ago value of 1,858 .
Analysts expect 'New Store Openings' to come in at 50 . The estimate is in contrast to the year-ago figure of 32 .
Shares of Five Below have demonstrated returns of +12.7% over the past month compared to the Zacks S&P 500 composite's +4.3% change. With a Zacks Rank #2 (Buy), FIVE is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Five Below (FIVE) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts forecast that Five Below (FIVE - Free Report) will report quarterly earnings of $1.32 per share in its upcoming release, pointing to a year-over-year increase of 63%. It is anticipated that revenues will amount to $1.21 billion, exhibiting an increase of 17.9% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Five Below metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Comparable Sales' will reach 8.7%. Compared to the present estimate, the company reported 12.4% in the same quarter last year.
The average prediction of analysts places 'Total stores at end of period' at 2,020 . The estimate compares to the year-ago value of 1,858 .
Analysts expect 'New Store Openings' to come in at 50 . The estimate is in contrast to the year-ago figure of 32 .
View all Key Company Metrics for Five Below here>>>Shares of Five Below have demonstrated returns of +12.7% over the past month compared to the Zacks S&P 500 composite's +4.3% change. With a Zacks Rank #2 (Buy), FIVE is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .