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Cato Corp. (NASDAQ:CATO) issued an update on its FY15 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.66-1.79 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.82, Analyst Ratings Network reports. Cato Corp. also updated its Q2 guidance to $0.40-0.45 EPS.

Cato Corp. (NASDAQ:CATO) opened at 30.41 on Tuesday. Cato Corp. has a 52 week low of $23.88 and a 52 week high of $34.75. The stock’s 50-day moving average is $28. and its 200-day moving average is $29.53. The company has a market cap of $873.9 million and a P/E ratio of 16.43.

Cato Corp. (NASDAQ:CATO) last announced its earnings results on Tuesday, May 20th. The company reported $1.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.04. The company had revenue of $282.50 million for the quarter, compared to the consensus estimate of $284.90 million. During the same quarter in the previous year, the company posted $1.05 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Analysts expect that Cato Corp. will post $1.82 EPS for the current fiscal year.

A number of analysts have recently weighed in on CATO shares. Analysts at MKM Partners cut their price target on shares of Cato Corp. from $31.00 to $29.00 in a research note on Thursday, March 20th. They now have a neutral rating on the stock. Analysts at TheStreet downgraded shares of Cato Corp. from a buy rating to a hold rating in a research note on Thursday, February 27th.

The Cato Corporation (NASDAQ:CATO) is a women’s fashion specialty retailer.

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