Zumiez Inc. (NASDAQ:ZUMZ) issued its quarterly earnings results on Thursday. The apparel and footwear maker reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.04, Briefing.com reports. Zumiez had a net margin of 2.79% and a return on equity of 7.98%. The business had revenue of $192.20 million for the quarter, compared to analysts’ expectations of $192.12 million. During the same quarter last year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. Zumiez updated its Q3 guidance to $0.43-0.48 EPS.

Shares of Zumiez (ZUMZ) traded up 0.38% during midday trading on Thursday, hitting $13.20. 1,148,311 shares of the company’s stock traded hands. The firm has a market capitalization of $332.60 million, a price-to-earnings ratio of 13.91 and a beta of 1.27. Zumiez has a 1-year low of $11.43 and a 1-year high of $26.55. The company has a 50 day moving average price of $12.56 and a 200 day moving average price of $15.12.

TRADEMARK VIOLATION NOTICE: “Zumiez Inc. (ZUMZ) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS” was posted by American Banking News and is the property of of American Banking News. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/09/07/zumiez-inc-zumz-releases-quarterly-earnings-results-beats-estimates-by-0-04-eps.html.

Several equities analysts have recently commented on the stock. Jefferies Group LLC reaffirmed a “hold” rating and set a $19.00 price target on shares of Zumiez in a research report on Monday, May 15th. Zacks Investment Research raised shares of Zumiez from a “sell” rating to a “hold” rating in a research report on Friday, May 12th. BMO Capital Markets set a $16.00 price target on shares of Zumiez and gave the stock a “hold” rating in a research report on Tuesday, August 8th. BidaskClub raised shares of Zumiez from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Finally, ValuEngine cut shares of Zumiez from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Zumiez has an average rating of “Hold” and an average price target of $20.05.

Zumiez Company Profile

Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.

Earnings History for Zumiez (NASDAQ:ZUMZ)

Receive News & Ratings for Zumiez Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zumiez Inc. and related companies with MarketBeat.com's FREE daily email newsletter.