Perry Ellis International, Inc. (PERY) Issues FY15 Earnings Guidance
Perry Ellis International, Inc. (NASDAQ:PERY) issued an update on its FY15 earnings guidance on Thursday morning. The company provided EPS guidance of $0.85-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.91, AnalystRatings.Net reports. The company issued revenue guidance of $910-920 million, compared to the consensus revenue estimate of $924.89 million.
A number of analysts have recently weighed in on PERY shares. Analysts at Sidoti downgraded shares of Perry Ellis International from a buy rating to a neutral rating in a research note on Wednesday, August 13th. On a related note, analysts at Zacks upgraded shares of Perry Ellis International from a neutral rating to an outperform rating in a research note on Wednesday, July 23rd. They now have a $19.80 price target on the stock. Finally, analysts at TheStreet upgraded shares of Perry Ellis International from a sell rating to a hold rating in a research note on Wednesday, June 11th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of $19.45.
Shares of Perry Ellis International, Inc. (NASDAQ:PERY) opened at 19.29 on Thursday. Perry Ellis International, Inc. has a 52 week low of $12.37 and a 52 week high of $21.18. The stock’s 50-day moving average is $18.50 and its 200-day moving average is $16.07. The company’s market cap is $285.1 million.
Perry Ellis International (NASDAQ:PERY) last announced its earnings results on Thursday, August 21st. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.05. The company had revenue of $196.00 million for the quarter, compared to the consensus estimate of $208.00 million. During the same quarter in the previous year, the company posted ($0.15) earnings per share. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. On average, analysts predict that Perry Ellis International, Inc. will post $0.91 earnings per share for the current fiscal year.
Perry Ellis International, Inc, is an apparel company in the United States. The Company manages a portfolio of brands.
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