Men’s Wearhouse (MW) Scheduled to Post Earnings on Wednesday
Men’s Wearhouse (NYSE:MW) is scheduled to be releasing its Q2 2013 earnings data after the market closes on Wednesday, September 11th. Men’s Wearhouse has set its FY14 guidance at $2.70-2.80 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.
Men’s Wearhouse (NYSE:MW) last released its earnings data on Wednesday, June 12th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.10. The company had revenue of $616.54 million for the quarter, compared to the consensus estimate of $604.74 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts expect Men’s Wearhouse to post $2.77 EPS for the current fiscal year and $3.02 EPS for the next fiscal year.
Men’s Wearhouse (NYSE:MW) opened at 38.78 on Tuesday. Men’s Wearhouse has a one year low of $27.42 and a one year high of $41.03. The stock’s 50-day moving average is $38.95 and its 200-day moving average is $35.46. The company has a market cap of $1.951 billion and a P/E ratio of 14.24.
MW has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Men’s Wearhouse (NYSE:MW) in a research note to investors on Tuesday, July 23rd. They now have a $40.00 price target on the stock. On a related note, analysts at Wedbush raised their price target on shares of Men’s Wearhouse (NYSE:MW) from $36.00 to $43.00 in a research note to investors on Tuesday, July 23rd. They now have a “neutral” rating on the stock.
The Men’s Wearhouse, Inc is a specialty retailer of men’s suits and a provider of tuxedo rental product in the United States and Canada.
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