Advertisement
Australia markets closed

  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     

  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     

  • AUD/USD

    0.6528
    +0.0028 (+0.44%)
     

  • OIL

    82.85
    +0.04 (+0.05%)
     

  • GOLD

    2,339.10
    +0.70 (+0.03%)
     

  • Bitcoin AUD

    97,253.87
    -4,463.46 (-4.39%)
     

  • CMC Crypto 200

    1,351.72
    -30.85 (-2.23%)
     

  • AUD/EUR

    0.6086
    +0.0015 (+0.25%)
     

  • AUD/NZD

    1.0954
    +0.0012 (+0.11%)
     

  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     

  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     

  • FTSE

    8,088.43
    +48.05 (+0.60%)
     

  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     

  • DAX

    17,970.69
    -118.01 (-0.65%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

Here's What Key Metrics Tell Us About Oxford Industries (OXM) Q1 Earnings

Zacks Equity Research
·2-min read

For the quarter ended April 2023, Oxford Industries (OXM) reported revenue of $420.1 million, up 19.2% over the same period last year. EPS came in at $3.78, compared to $3.50 in the year-ago quarter.

The reported revenue represents a surprise of +0.24% over the Zacks Consensus Estimate of $419.1 million. With the consensus EPS estimate being $3.74, the EPS surprise was +1.07%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

ADVERTISEMENT

Here is how Oxford Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales- Emerging Brands: $34 million versus the two-analyst average estimate of $33.68 million.

  • Net Sales- Johnny Was: $49.50 million versus $45.83 million estimated by two analysts on average.

  • Net Sales- Corporate and Other: -$0.30 million compared to the $0.71 million average estimate based on two analysts. The reported number represents a change of -142.9% year over year.

  • Net Sales- Lilly Pulitzer: $97.50 million compared to the $94.83 million average estimate based on two analysts. The reported number represents a change of +6% year over year.

  • Net Sales- Tommy Bahama: $239.40 million compared to the $242.91 million average estimate based on two analysts. The reported number represents a change of +5% year over year.

View all Key Company Metrics for Oxford Industries here>>>

Shares of Oxford Industries have returned -2.1% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Oxford Industries, Inc. (OXM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research