J.Jill Inc (JILL) Expected to Earn Q4 2018 Earnings of $0.11 Per Share
J.Jill Inc (NASDAQ:JILL) – Equities researchers at Jefferies Group reduced their Q4 2018 earnings per share (EPS) estimates for J.Jill in a research note issued on Thursday. Jefferies Group analyst R. Konik now anticipates that the specialty retailer will post earnings of $0.11 per share for the quarter, down from their prior estimate of $0.12. Jefferies Group has a “Buy” rating and a $13.00 price objective on the stock. Jefferies Group also issued estimates for J.Jill’s Q3 2019 earnings at $0.21 EPS and Q4 2019 earnings at $0.15 EPS.
J.Jill (NASDAQ:JILL) last announced its earnings results on Tuesday, August 29th. The specialty retailer reported $0.29 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.29. The company had revenue of $181.40 million for the quarter, compared to analyst estimates of $179.02 million. J.Jill had a return on equity of 35.03% and a net margin of 6.61%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. WARNING: This story was originally posted by American Banking News and is the property of of American Banking News. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/10/13/j-jill-inc-jill-expected-to-earn-q4-2018-earnings-of-0-11-per-share.html.
Several other equities research analysts also recently issued reports on JILL. Zacks Investment Research downgraded J.Jill from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada restated a “buy” rating and set a $16.00 target price on shares of J.Jill in a research report on Thursday, August 17th. BidaskClub upgraded J.Jill from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. SunTrust Banks, Inc. downgraded J.Jill from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Morgan Stanley downgraded J.Jill from an “overweight” rating to an “equal weight” rating in a research report on Thursday. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $15.00.
Institutional investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC bought a new position in shares of J.Jill in the second quarter worth $110,000. UBS Group AG bought a new position in shares of J.Jill in the first quarter worth $121,000. Rhumbline Advisers bought a new position in shares of J.Jill in the second quarter worth $135,000. SG Americas Securities LLC bought a new position in shares of J.Jill in the first quarter worth $164,000. Finally, Virtu KCG Holdings LLC bought a new position in shares of J.Jill in the second quarter worth $168,000.
In other news, Director Michael A. Eck purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, August 31st. The shares were purchased at an average price of $9.92 per share, with a total value of $99,200.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
J.Jill Company Profile
J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs. It operates in the retail and direct channels segment.
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