Investing.com - Abercrombie&Fitch reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Abercrombie&Fitch announced earnings per share of $1.5 on revenue of $1.12B. Analysts polled by Investing.com anticipated EPS of $1.2 on revenue of $1.12B.
Abercrombie&Fitch shares are up 35.66% from the beginning of the year and are trading at $27.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Abercrombie&Fitch shares lost 2.24% in pre-market trade following the report.
Abercrombie&Fitch follows other major Services sector earnings this month
Abercrombie&Fitch's report follows an earnings beat by Amazon.com on Tuesday, February 2, 2021, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.19 on revenue of $119.7B.
Alibaba ADR had beat expectations on Tuesday, February 2, 2021 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar