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Williams-Sonoma, Inc. (NYSE:WSM) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.58-$0.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.66, Analyst RN reports. The company issued revenue guidance of $1.100-$1.130 billion, compared to the consensus revenue estimate of $1.13 billion.Williams-Sonoma also updated its FY15 guidance to $3.07-$3.17 EPS.

Several analysts have recently commented on the stock. Analysts at SunTrust raised their price target on shares of Williams-Sonoma from $78.00 to $83.00 in a research note on Thursday, August 21st. On a related note, analysts at Zacks reiterated a neutral rating on shares of Williams-Sonoma in a research note on Tuesday, August 12th. They now have a $74.00 price target on the stock. Finally, analysts at Makor Capital initiated coverage on shares of Williams-Sonoma in a research note on Thursday, July 17th. They set a sell rating on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company. Williams-Sonoma has a consensus rating of Buy and a consensus price target of $69.80.

Williams-Sonoma, Inc. (NYSE:WSM) traded up 0.05% during mid-day trading on Wednesday, hitting $74.89. 2,532,366 shares of the company’s stock traded hands. Williams-Sonoma, Inc. has a one year low of $51.70 and a one year high of $75.54. The stock’s 50-day moving average is $70.61 and its 200-day moving average is $65.73. The company has a market cap of $7.048 billion and a P/E ratio of 25.72.

Williams-Sonoma (NYSE:WSM) last released its earnings data on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.53. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. Analysts expect that Williams-Sonoma, Inc. will post $3.20 EPS for the current fiscal year.

Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company is an e- commerce retailer with brands in home furnishings.

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