New York & Co. (NWY) to Release Quarterly Earnings on Thursday
New York & Co. (NYSE:NWY) is scheduled to be issuing its quarterly earnings data on Thursday, May 22nd. Parties that wish to listen to the company’s conference call can do so using this link.
New York & Co. (NYSE:NWY) last issued its quarterly earnings data on Thursday, March 20th. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.10 by $0.01. The company had revenue of $271.00 million for the quarter, compared to the consensus estimate of $275.91 million. During the same quarter last year, the company posted $0.10 earnings per share. New York & Co.’s revenue was down 7.1% compared to the same quarter last year. On average, analysts expect New York & Co. to post $0.16 EPS for the current fiscal year and $0.31 EPS for the next fiscal year.
Shares of New York & Co. (NYSE:NWY) opened at 4.20 on Wednesday. New York & Co. has a 52 week low of $4.00 and a 52 week high of $6.87. The stock’s 50-day moving average is $4.33 and its 200-day moving average is $4.54. The company has a market cap of $262.8 million and a P/E ratio of 112.63.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott upgraded shares of New York & Co. from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 15th. They now have a $6.00 price target on the stock, up previously from $5.00. Analysts at Zacks upgraded shares of New York & Co. from an “underperform” rating to a “neutral” rating in a research note on Monday, March 17th. They now have a $4.40 price target on the stock.
New York & Company, Inc is a specialty retailer of women’s fashion apparel and accessories. The Company’s proprietary branded New York & Company merchandise is sold through its national network of retail stores and electronic commerce (NYSE:NWY) store at www.
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