Young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) will be reporting earnings tomorrow before the bell. Here's what you need to know.

Last quarter Abercrombie and Fitch reported revenues of $1.06 billion, up 20% year on year, beating analyst revenue expectations by 7.7%. It was a stunning quarter for the company, with an impressive beat of analysts' earnings and revenue estimates.

Is Abercrombie and Fitch buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Abercrombie and Fitch's revenue to grow 19.3% year on year to $1.43 billion, improving on the 3.3% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.85 per share.

The analysts covering the company have been growing increasingly bullish about the business heading into the earnings, with revenue estimates seeing two upward revisions over the last thirty days. The company missed Wall St's revenue estimates twice over the last two years.

Looking at Abercrombie and Fitch's peers in the apparel and footwear retail segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Urban Outfitters delivered top-line growth of 7.3% year on year, missing analyst estimates by 1% and TJX reported revenues up 13% year on year, exceeding estimates by 1.4%. Urban Outfitters traded down 6.3% on the results, and TJX was flat on the results.

Read our full analysis of Urban Outfitters's results here and TJX's results here.

There has been positive sentiment among investors in the apparel and footwear retail segment, with the stocks up on average 9.8% over the last month. Abercrombie and Fitch is up 29.3% during the same time, and is heading into the earnings with analyst price target of $122.7, compared to share price of $137.6.

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.