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Oxford Industries (OXM) Reports Q3: What Investors Need to Know

AInvestTuesday, Dec 10, 2024 7:05 am ET
3min read


Oxford Industries (OXM) is set to report its Q3 earnings on December 11, 2024, after market close. As investors await the results, here's a rundown of key factors to consider ahead of the announcement.

Financial Performance: In the previous quarter, OXM missed analysts' revenue expectations by 4.2%, reporting revenues of $419.9 million, flat year on year. Full-year EPS guidance also missed analysts' expectations.

Analyst Expectations: For Q3, analysts expect OXM's revenue to decline 3% year on year to $316.8 million, with adjusted earnings of $0.09 per share.

Peer Performance: Some of OXM's peers in the apparel and accessories segment have already reported their Q3 results. VF Corp's revenues decreased 5.6% year on year, beating analysts' expectations by 1.6%, while Hanesbrands reported a revenue decline of 2.5%, in line with consensus estimates.

Analyst Recommendations: As of now, OXM has an average rating of 'hold' from 4 analysts, with a mean price target of $81.75.

Stock Performance: OXM's stock price has increased by 2.5% over the last month, in line with the broader market's 2.9% gain.

Investors should keep an eye on OXM's earnings report to assess the company's performance and guidance for the upcoming quarters. The report may also provide insights into the broader apparel industry's trends and consumer sentiment.




In conclusion, OXM's Q3 earnings report will be closely watched by investors, as it may offer valuable insights into the company's performance and the broader apparel industry. By considering the factors outlined above, investors can make informed decisions about their portfolios.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.