Lands’ End (NASDAQ:LE) Releases Q4 Earnings Guidance

Lands’ End (NASDAQ:LE) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.74-0.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.72. The company issued revenue guidance of $545-555 million, compared to the consensus revenue estimate of $549.60 million.Lands’ End also updated its FY 2019
Pre-Market guidance to 0.55-0.64 EPS.

A number of equities research analysts recently weighed in on the stock. BidaskClub upgraded shares of Lands’ End from a sell rating to a hold rating in a report on Wednesday, November 27th. TheStreet downgraded Lands’ End from a c- rating to a d+ rating in a research note on Monday, August 19th.

Shares of Lands’ End stock opened at $14.24 on Wednesday. Lands’ End has a 52 week low of $7.15 and a 52 week high of $22.50. The company has a quick ratio of 0.45, a current ratio of 1.68 and a debt-to-equity ratio of 1.30. The business has a 50 day moving average price of $11.52 and a 200-day moving average price of $11.43. The company has a market cap of $381.32 million, a PE ratio of 39.56 and a beta of 1.21.

Lands’ End (NASDAQ:LE) last announced its earnings results on Tuesday, December 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.02. Lands’ End had a return on equity of 3.09% and a net margin of 0.69%. The company had revenue of $340.00 million for the quarter, compared to analysts’ expectations of $349.77 million. During the same quarter in the previous year, the firm earned $0.10 earnings per share. Lands’ End’s quarterly revenue was down .5% on a year-over-year basis. As a group, research analysts anticipate that Lands’ End will post 0.44 EPS for the current year.

Lands’ End Company Profile

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, and Retail segments. It offers casual clothing, accessories, footwear, and home products.

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