Investing.com - Abercrombie&Fitch reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Abercrombie&Fitch announced earnings per share of $0.23 on revenue of $698.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $-0.83 on revenue of $651.4M.
Abercrombie&Fitch shares are down 35.63% from the beginning of the year and are trading at $12.70 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Abercrombie&Fitch shares gained 14.11% in pre-market 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, July 30, 2020, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Alibaba ADR had beat expectations on Thursday, August 20, 2020 with first quarter EPS of $14.82 on revenue of $153.75B, compared to forecast for EPS of $13.82 on revenue of $148B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar