Abercrombie (NYSE:ANF) Expected Profit Slid 96.3% inQ1, Miss Estimations- ANF, GPS, ARO, AEO, FL, ROST, URBN

Abercrombie & Fitch Co. (NYSE:ANF) intends to posts its current earnings on Wednesday, May 16, 2012. Abercrombie & Fitch is an American specialty retailer firm that, during its wholly-owned subsidiaries, operates stores and direct sales of casual apparel for men, women, and children.

The average analyst expects is for profit of one cent a share, a turn down of 96.3 percent from the company’s actual earnings for the year-before quarter. During the previous three months, the average estimate has plunged from 12 cents. Between one and three months before, the average estimate dropped. It has been halted at one cent during the previous month. Analysts are projecting profit to moved up by 53.7 percent evaluated with previous year’s $3.55.

Sector analysis, over all tech sector moved up, The Gap Inc. (NYSE:GPS) surged +0.22%, Aeropostale, Inc. (NYSE:ARO) lost -1.34%, American Eagle Outfitters (NYSE:AEO) fell -0.31%, Foot Locker, Inc. (NYSE:FL) plunged -0.41%, Ross Stores, Inc. (NASDAQ:ROST) which also increased +1.06% and Urban Outfitters, Inc. (NASDAQ:URBN) moved down -1.04%.

Abercrombie & Fitch Co. (NYSE:ANF) stock in last session held volume of 3.52 million shares as compare to its average volume of 2.34 million shares. The stock after opening at $46.06 hit high price of $46.64 and then closed at $45.40 by plunged -1.11%.

As the revenue measures ANF generated revenue of 4.16 billion in the following twelve months income of $126.86 million. The Company showed a positive 3.05% in the net profit margin and in addition to in its operating margin which remained 4.57%. Company’s annual sales growth for the past five year was 4.62%.

The stock showed weekly downbeat performance of -2.76% which was maintained for the month at -2.95%. Likewise the positive performance for the quarter was recorded as 2.18% and for the year was -36.75% while the YTD performance remained at -6.70%.

The ANF past twelve months price to sales ratio was 0.93 and price to cash ratio remained 5.76. As far as the returns are concern, the ANF return on equity was recorded as 6.76% and increased 5.36% return on investment while its return on asset stayed at 4.24%.

 

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