Abercrombie & Fitch Q2 Earnings Expected to Decline, Analysts Adjust Forecasts

Abercrombie & Fitch Co. will report second-quarter earnings before the market opens on Wednesday, August 26.

Analysts expect the New Albany, Ohio-based company to report quarterly earnings per share of $1.97, down from $2.91 in the same period last year. The consensus revenue estimate for ANF's quarter is $1.25 billion. Revenue in the year-ago period was reported at $1.21 billion.

On August 20, Abercrombie & Fitch announced that Mary Fox was elected to its board of directors.

Abercrombie & Fitch shares rose 3.1% on Monday, closing at $112.36. Readers can access the latest analyst ratings on the analyst stock ratings page. Readers can sort by ticker symbol, company name, analyst firm, rating change, or other variables.

Let's see how the most accurate analysts have recently rated the company.

Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating and raised the price target from $115 to $118 on August 19. The analyst has an accuracy rate of 65%.

JP Morgan analyst Matthew Boss maintained a Neutral rating and raised the price target from $110 to $126 on August 18. The analyst has an accuracy rate of 68%.

Raymond James analyst Rick Patel downgraded the stock from Outperform to Market Perform on August 18. The analyst has an accuracy rate of 77%.

Jefferies analyst Corey Tarlowe maintained a Buy rating and raised the price target from $110 to $135 on August 12. The analyst has an accuracy rate of 60%.

UBS analyst Mauricio Serna maintained a Buy rating and raised the price target from $136 to $153 on August 12. The analyst has an accuracy rate of 51%.

Considering buying ANF stock? Here's what analysts think.