CSS Industries (CSS) Releases Earnings Results, Beats Estimates By $0.01 EPS

CSS Industries (NYSE:CSS) issued its quarterly earnings results on Thursday. The specialty retailer reported ($0.55) EPS for the quarter, topping analysts’ consensus estimates of ($0.56) by $0.01, Fidelity Earnings reports. CSS Industries had a positive return on equity of 4.51% and a negative net margin of 0.96%. The company had revenue of $81.53 million during the quarter, compared to analyst estimates of $77.60 million.

Shares of NYSE CSS traded up $0.93 during trading hours on Friday, reaching $17.08. The stock had a trading volume of 3,946 shares, compared to its average volume of 42,312. The firm has a market capitalization of $148.20 million, a price-to-earnings ratio of 11.45, a PEG ratio of 2.41 and a beta of 1.13. CSS Industries has a twelve month low of $15.13 and a twelve month high of $30.29.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 20th. Investors of record on Monday, June 11th will be paid a $0.20 dividend. The ex-dividend date is Friday, June 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.68%. CSS Industries’s payout ratio is 56.74%.

CSS has been the subject of a number of research analyst reports. DA Davidson lowered CSS Industries from a “buy” rating to a “neutral” rating in a report on Friday, February 9th. Zacks Investment Research lowered CSS Industries from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 14th. TheStreet lowered CSS Industries from a “b-” rating to a “c+” rating in a research note on Thursday, February 15th. Finally, ValuEngine lowered CSS Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd.

About CSS Industries

CSS Industries, Inc, a consumer products company, designs, manufactures, procures, distributes, and sells seasonal, celebrations, and craft social expression products principally to mass market retailers in the United States and Canada. Its craft and celebrations consumer products include craft ribbon and buttons, sewing patterns, infant products, journals, all occasion boxed greeting cards, gift card holders, gift bags, gift wrap, floral accessories, memory books, scrapbooks, stationery, stickers, and other gift and craft items.

Earnings History for CSS Industries (NYSE:CSS)

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