Vera Bradley (VRA) Set to Announce Earnings on Thursday
Vera Bradley (NYSE:VRA) is scheduled to be posting its Q115 quarterly earnings results on Thursday, June 5th. Analysts expect Vera Bradley to post earnings of $0.13 per share and revenue of $118.41 million for the quarter. Vera Bradley has set its Q1 guidance at $0.11-0.13 EPS and its FY15 guidance at $1.20-1.30 EPS.
Vera Bradley (NYSE:VRA) last posted its quarterly earnings results on Wednesday, March 19th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.02. The company had revenue of $157.50 million for the quarter, compared to the consensus estimate of $146.86 million. During the same quarter last year, the company posted $0.62 earnings per share. Vera Bradley’s revenue was down 3.1% compared to the same quarter last year. On average, analysts expect Vera Bradley to post $1.26 EPS for the current fiscal year and $1.53 EPS for the next fiscal year.
Vera Bradley (NYSE:VRA) opened at 25.83 on Wednesday. Vera Bradley has a one year low of $17.27 and a one year high of $30.00. The stock’s 50-day moving average is $28.02 and its 200-day moving average is $25.94. The company has a market cap of $1.051 billion and a P/E ratio of 18.25.
A number of analysts have recently weighed in on VRA shares. Analysts at Standpoint Research downgraded shares of Vera Bradley from a “buy” rating to a “hold” rating in a research note on Thursday, March 20th. On the ratings front, analysts at KeyCorp raised their price target on shares of Vera Bradley from $31.00 to $33.00 in a research note on Thursday, March 20th. Finally, analysts at Jefferies Group raised their price target on shares of Vera Bradley from $27.00 to $33.00 in a research note on Thursday, March 20th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $28.10.
In other Vera Bradley news, major shareholder Michael C. Ray sold 5,000 shares of the company’s stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $26.71, for a total transaction of $133,550.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Vera Bradley, Inc (NYSE:VRA) is a designer, producer, marketer, and retailer of functional accessories for women.
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.