Iconix Brand Group (ICON) to Release Earnings on Wednesday
Iconix Brand Group (NASDAQ:ICON) is scheduled to be posting its Q114 quarterly earnings results on Wednesday, April 30th. Analysts expect Iconix Brand Group to post earnings of $0.63 per share and revenue of $109.22 million for the quarter. Iconix Brand Group has set its FY14 guidance at $2.50-2.60 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
Iconix Brand Group (NASDAQ:ICON) last announced its earnings results on Thursday, February 20th. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.51 by $0.03. The company had revenue of $105.30 million for the quarter, compared to the consensus estimate of $102.80 million. On average, analysts expect Iconix Brand Group to post $2.58 EPS for the current fiscal year and $2.87 EPS for the next fiscal year.
Shares of Iconix Brand Group (NASDAQ:ICON) opened at 39.68 on Tuesday. Iconix Brand Group has a 52-week low of $27.90 and a 52-week high of $42.47. The stock has a 50-day moving average of $39.2 and a 200-day moving average of $38.2. The company has a market cap of $1.926 billion and a P/E ratio of 18.42.
A number of research firms have recently commented on ICON. Analysts at Benchmark Co. upgraded shares of Iconix Brand Group from a “hold” rating to a “buy” rating in a research note on Monday. On a related note, analysts at Ned Davis Research upgraded shares of Iconix Brand Group from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Iconix Brand Group in a research note on Friday, February 28th. They now have a $48.00 price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $39.30.
Iconix Brand Group, Inc (NASDAQ:ICON) is a brand management company engaged in licensing, marketing and providing trend direction for a portfolio of consumer brands.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.