Ann (ANN) Set to Announce Earnings on Friday
Ann (NYSE:ANN) is scheduled to be releasing its Q114 earnings data on Friday, May 30th. Analysts expect Ann to post earnings of $0.31 per share and revenue of $598.25 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Ann (NYSE:ANN) last issued its quarterly earnings data on Friday, March 14th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.07 by $0.03. The company had revenue of $623.30 million for the quarter, compared to the consensus estimate of $623.82 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. On average, analysts expect Ann to post $2.37 EPS for the current fiscal year and $2.75 EPS for the next fiscal year.
Ann (NYSE:ANN) opened at 38.20 on Thursday. Ann has a 52-week low of $29.94 and a 52-week high of $43.61. The stock has a 50-day moving average of $39.50 and a 200-day moving average of $36.98. The company has a market cap of $1.731 billion and a price-to-earnings ratio of 17.88.
Several analysts have recently commented on the stock. Analysts at Mizuho raised their price target on shares of Ann from $42.00 to $46.00 in a research note on Friday, May 9th. They now have a “buy” rating on the stock. On the ratings front, analysts at BlueFin Research downgraded shares of Ann from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 23rd. Finally, analysts at Oppenheimer downgraded shares of Ann from an “outperform” rating to a “market perform” rating in a research note on Monday, April 7th. They now have a $40.00 price target on the stock. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $39.19.
ANN INC., through its wholly owned subsidiaries, is a specialty retailer of women’s apparel, shoes and accessories sold primarily under the Ann Taylor and LOFT brands.
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