Countdown to Oxford Industries (OXM) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Analysts on Wall Street project that Oxford Industries (OXM) will announce quarterly loss of -$0.95 per share in its forthcoming report, representing a decline of 763.6% year over year. Revenues are projected to reach $304.1 million, declining 1.3% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.Given this perspective, it's time to examine the average forecasts of specific Oxford Industries metrics that are routinely monitored and predicted by Wall Street analysts.The consensus estimate for 'Net Sales- Emerging Brands' stands at $32.75 million. The estimate points to a change of +6% from the year-ago quarter.Analysts predict that the 'Net Sales- Lilly Pulitzer' will reach $75.05 million. The estimate suggests a change of +7.5% year over year.It is projected by analysts that the 'Net Sales- Tommy Bahama' will reach $155.20 million. The estimate indicates a change of -3.8% from the prior-year quarter.According to the collective judgment of analysts, 'Net Sales- Johnny Was' should come in at $42.20 million. The estimate suggests a change of -8.5% year over year. View all Key Company Metrics for Oxford Industries here>>> Oxford Industries shares have witnessed a change of +9.8% in the past month, in contrast to the Zacks S&P 500 composite's +1.3% move. With a Zacks Rank #3 (Hold), OXM is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks