Stay Ahead of the Game With Oxford Industries (OXM) Q1 Earnings: Wall Street's Insights on Key Metrics

The upcoming report from Oxford Industries (OXM) is expected to reveal quarterly earnings of $1.82 per share, indicating a decline of 31.6% compared to the year-ago period. Analysts forecast revenues of $385.23 million, representing a decrease of 3.3% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.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 combined assessment of analysts suggests that 'Net Sales- Emerging Brands' will likely reach $33.70 million. The estimate indicates a year-over-year change of +2.1%.It is projected by analysts that the 'Net Sales- Lilly Pulitzer' will reach $91.10 million. The estimate suggests a change of +3.1% year over year.The average prediction of analysts places 'Net Sales- Tommy Bahama' at $214.30 million. The estimate points to a change of -5% from the year-ago quarter.Based on the collective assessment of analysts, 'Net Sales- Johnny Was' should arrive at $46.10 million. The estimate indicates a change of -10% from the prior-year quarter.View all Key Company Metrics for Oxford Industries here>>>Over the past month, Oxford Industries shares have recorded returns of -1.4% versus the Zacks S&P 500 composite's +5.3% change. Based on its Zacks Rank #3 (Hold), OXM will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant 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