Five Below, Inc. (FIVE) - Get Five Below, Inc. Report is expected to report net income of $28 million, or 50 cents a share, on sales of $421.1 million after the market closes on Wednesday, based on a FactSet survey of 20 analysts.
In the same period a year ago, the discount chain posted earnings of 45 cents a share on sales of $347.7 million. It reported net income of $21.8 million.
The company offered guidance of $0.48 to $0.51 a share on June. 6. Shares have fallen 5.7% since then.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter analysts are forecasting net income of $13.9 million, or 24 cents a share, on sales of $377 million.
Five Below is currently trading at a price-to-forward-earnings ratio of 33.2 based on the 12-month estimates of 15 analysts surveyed by FactSet.
Save 57% With Our Labor Day Sale. Join Jim Cramer's Action Alerts PLUS investment club to become a smarter investor! Learn more about TheStreet Courses on investing and personal finance here
Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.