LightInTheBox Holding Co., Ltd. (LITB) to Release Quarterly Earnings on Monday
LightInTheBox Holding Co., Ltd. (NYSE:LITB) is scheduled to issue its quarterly earnings data before the market opens on Monday, September 18th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
LightInTheBox Holding Co. (NYSE:LITB) last posted its quarterly earnings results on Thursday, June 15th. The technology company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). LightInTheBox Holding Co. had a negative return on equity of 9.62% and a negative net margin of 3.01%. The business had revenue of $72.70 million during the quarter, compared to analysts’ expectations of $70.86 million. On average, analysts expect LightInTheBox Holding Co. to post $0.01 EPS for the current fiscal year and $0.02 EPS for the next fiscal year.
LightInTheBox Holding Co., Ltd. (LITB) opened at 2.71 on Monday. The company’s 50-day moving average price is $2.77 and its 200-day moving average price is $2.72. The company’s market cap is $186.45 million. LightInTheBox Holding Co., Ltd. has a 12-month low of $2.10 and a 12-month high of $3.20.
A number of research firms have recently weighed in on LITB. Zacks Investment Research downgraded shares of LightInTheBox Holding Co. from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st. ValuEngine downgraded shares of LightInTheBox Holding Co. from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd.
LightInTheBox Holding Co. Company Profile
LightInTheBox Holding Co, Ltd. (LightInTheBox) is an online retail company that delivers products directly to consumers around the world. The Company offers a range of products through www.lightinthebox.com, www.miniinthebox.com and its other Websites, as well as mobile applications, which are available in approximately 30 languages.
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