GCO Earnings

GCO reported its earnings on 2026-05-29, showcasing a revenue of 487.03M against an estimate of 474.31M, resulting in a 2.68% surprise. The EPS was -2.18, surpassing the expected -2.58 by 15.5%. The stock experienced a 0% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following GCO's earnings announcement on 2026-05-29, the stock price moved by 0% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, GCO's stock price tends to shift by an average of 6.39% in the 10 days leading up to earnings and 0.64% in the 10 days following, providing insight into potential market.

For 2027/Q2, analysts estimate GCO's annual revenue to reach 552.35M, while the EPS is projected at -0.81. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between GCO's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, GCO's stock price typically moves by 6.39% in the 10 days before its earnings and 0.64% in the 10 days after. For the upcoming 2027/Q2 earnings, analysts expect an EPS of -0.81 and revenue of 552.35M.

The earnings call presents a negative outlook due to declining financial metrics: revenue, gross margin, operating income, and EPS all decreased year-over-year. Additionally, potential risks from market conditions and regulatory hurdles were acknowledged. The lack of discussion on operational updates and shareholder returns further contributes to a negative sentiment. The absence of positive catalysts or strong guidance adjustments suggests a likely negative stock price reaction in the short term.