Investing.com - Abercrombie&Fitch reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Abercrombie&Fitch announced earnings per share of $0.67 on revenue of $781.4M. Analysts polled by Investing.com anticipated EPS of $-0.4067 on revenue of $683.94M.
Abercrombie&Fitch shares are up 113.31% from the beginning of the year and are trading at $43.43 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Abercrombie&Fitch shares gained 14.14% in intra-day trade the report.
Abercrombie&Fitch follows other major Services sector earnings this month
Abercrombie&Fitch's report follows an earnings beat by Amazon.com on Thursday, April 29, 2021, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Alibaba ADR had missed expectations on Thursday, May 13, 2021 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar