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Market Impact: 0.32

Genesco (GCO) Reports Q1 Loss, Beats Revenue Estimates

Corporate EarningsAnalyst EstimatesCompany Fundamentals

Genesco reported a quarterly loss of $2.18 per share, narrower than the Zacks Consensus Estimate for a $2.58 loss and slightly worse than the $2.05 loss a year ago. The earnings result is a modest beat versus expectations, but it still reflects continued unprofitability. The news is likely to matter primarily to GCO shares rather than the broader market.

Analysis

Genesco reported a quarterly loss of $2.18 per share, narrower than the Zacks Consensus Estimate for a $2.58 loss and slightly worse than the $2.05 loss a year ago. The earnings result is a modest beat versus expectations, but it still reflects continued unprofitability. The news is likely to matter primarily to GCO shares rather than the broader market.

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Market Sentiment

Overall Sentiment

mildly positive

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0.15

Ticker Sentiment

GCO0.20