Canada Goose Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

• Canada Goose Holdings Inc GOOS.TO reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of eight analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -9 cents to 4 cents per share.

• Revenue fell 4.7% to C$267.80 million from a year ago; analysts expected C$260.47 million.

• Canada Goose Holdings Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of C$5.4 million.

• Canada Goose Holdings Inc shares had fallen by 23.3% this quarter and lost 18.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 36% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories peer group is "sell."

Wall Street's median 12-month price target for Canada Goose Holdings Inc is 11.88

This summary was machine generated from LSEG data November 7 at 02:33 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)