Gordmans Stores (GMAN) Announces Quarterly Earnings, Misses Expectations By $0.01 EPS
Gordmans Stores (NASDAQ:GMAN) posted its quarterly earnings results on Wednesday. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.01, American Banking and Market News reports. The company had revenue of $141.00 million for the quarter, compared to the consensus estimate of $143.90 million. During the same quarter in the previous year, the company posted $0.05 earnings per share.
Shares of Gordmans Stores (NASDAQ:GMAN) traded up 7.32% on Wednesday, hitting $3.96. 181,259 shares of the company’s stock traded hands. Gordmans Stores has a 52-week low of $3.06 and a 52-week high of $14.88. The stock’s 50-day moving average is $3.58 and its 200-day moving average is $4.69. The company has a market cap of $76.7 million and a P/E ratio of 18.54.
On the ratings front, analysts at Stifel Nicolaus reiterated a “hold” rating on shares of Gordmans Stores in a research note on Tuesday, August 19th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $7.50.
Gordmans Stores, Inc is an everyday low price retailer featuring a large selection of the latest brands, fashions and styles at up to 60% off department and specialty store prices every day.
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