Cato Corp. (CATO) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Cato Corp. (NASDAQ:CATO) released its earnings data on Thursday. The company reported $0.53 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.52 by $0.01, Analyst Ratings.Net reports. The company had revenue of $243.80 million for the quarter, compared to the consensus estimate of $246.00 million. During the same quarter last year, the company posted $0.51 earnings per share.
Shares of Cato Corp. (NASDAQ:CATO) opened at 34.00 on Thursday. Cato Corp. has a 52-week low of $25.03 and a 52-week high of $34.75. The stock’s 50-day moving average is $31.96 and its 200-day moving average is $29.47. The company has a market cap of $932.6 million and a price-to-earnings ratio of 18.59.
The Cato Corporation (NASDAQ:CATO) is a women’s fashion specialty retailer.
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