ENThe article discusses the meaning of retrospection and anticipation in the process of understanding a literary work. It concludes that reading is a process having phases of the present, the past and the future. Retrospection is the process of returning hack (mentally or physically) to the parts of the text read before. Anticipation is an insight into the future scenes, actions or evaluation that were not read about before. The procedures of retrospection and anticipation treated from the perspective of receptive aesthetics allow to make the common circle of hermencutics more definite and to conclude that the activity of reading a literary text is a simultaneous process, when die consciousness considers present, past and future in the same time. The methodology that has been chosen allowed to describe a structure of a certain actual literary work ("Naktis ant morų" by J. Jankus) and to decline its genre more exactly.