Genesco stock gains after a $0.83 quarterly loss

Published on 09/18/2026 at 21:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Genesco stock closed at USD 35.12 on September 11, 2026, up 5.43 percent. MarketBeat said September 18, 2026, that the quarterly loss narrowed to USD 0.83 a share on revenue of USD 529.86 million.

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Genesco Inc. (ISIN US3715321032) stock closed at USD 35.12 on September 11, 2026, up 5.43 percent from the previous close, with a 52-week range of USD 21.93 to USD 43.60 and a market capitalization of USD 390.08 million. The latest quoted move gives investors a clear chart reference before the next trading session.

Quarterly loss narrows

According to MarketBeat on September 18, 2026, Genesco reported a quarterly loss of USD 0.83 per share, compared with a consensus loss of USD 1.37 per share, and revenue of USD 529.86 million versus USD 527.26 million expected. The same report said the company posted a loss of USD 1.79 per share in the same quarter a year earlier.

That means the quarterly EPS beat the estimate by USD 0.54, while revenue came in USD 2.60 million above expectations. MarketBeat also cited a consensus rating of Moderate Buy and an average target price of USD 36.00.

Target stays above price

MarketBeat said on September 18, 2026, that Truist lowered its target to USD 38, while Zacks upgraded the stock to Strong Buy. Genesco also set FY 2027 guidance at EPS of USD 2.00 to USD 2.40, giving the current valuation a fresh anchor.

The guidance range brackets analysts' current estimate of USD 2.35 EPS for the fiscal year, so the gap is small and the market is likely to focus on execution into the holiday season.

Trading above the 200-day line

The stock crossed above its 200-day moving average on September 18, 2026, according to the same MarketBeat report, which adds a technical reason for the recent move. Genesco stock remains below the September 11 close of USD 35.12 only if the next session does not hold the gain.