Abercrombie & Fitch is seeing a surge in earnings estimate revisions, prompting analysts to upgrade the stock to a Zacks Rank #1 (Strong Buy). Over the past month, three estimates for the current quarter have moved higher, pushing the consensus estimate up 5.5% to $2.95 per share, a 25% increase from the year-ago period. For the full year, the consensus estimate has risen 7.42% to $11.01 per share, representing an 11.7% gain. The stock has already climbed 49.1% over the past four weeks, and the improving earnings outlook suggests further upside potential.
Abercrombie & Fitch CompanyEarnings estimates raised and stock upgraded to Strong Buy, indicating positive analyst sentiment.
