Ann (ANN) to Release Earnings on Friday
Ann (NYSE:ANN) is set to post its Q214 quarterly earnings results on Friday, August 22nd. Analysts expect Ann to post earnings of $0.68 per share and revenue of $648.10 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Ann (NYSE:ANN) last issued its quarterly earnings data on Friday, May 30th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.31 by $0.20. The company had revenue of $590.60 million for the quarter, compared to the consensus estimate of $598.25 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts expect Ann to post $2.09 EPS for the current fiscal year and $2.49 EPS for the next fiscal year.
Shares of Ann (NYSE:ANN) opened at 38.60 on Thursday. Ann has a 52 week low of $30.71 and a 52 week high of $43.61. The stock has a 50-day moving average of $38.01 and a 200-day moving average of $38.2. The company has a market cap of $1.770 billion and a price-to-earnings ratio of 19.82.
A number of research firms have recently commented on ANN. Analysts at Zacks downgraded shares of Ann from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 12th. They now have a $34.90 price target on the stock. On a related note, analysts at Mizuho cut their price target on shares of Ann from $48.00 to $40.00 in a research note on Friday, August 8th. They now have a “buy” rating on the stock. Finally, analysts at Telsey Advisory Group raised their price target on shares of Ann from $41.00 to $46.00 in a research note on Monday, June 2nd. They now have a “not rated” rating on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $39.63.
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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