Zacks Research increased its future earnings per share (EPS) estimates for Abercrombie & Fitch (NYSE:ANF). The firm raised its Q3 2027 EPS forecast to $2.99 from $2.85. Zacks maintained a "Strong-Buy" rating on the stock.
This revision follows a strong second-quarter earnings report in late August. The company beat analyst expectations on both earnings and revenue during that period. Zacks also issued new, higher estimates for the company's performance out to early 2029, suggesting confidence in Abercrombie & Fitch's continued growth trajectory.