Ascena Retail Group (NASDAQ:ASNA) released its quarterly earnings data on Monday. The specialty retailer reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11, Bloomberg Earnings reports. Ascena Retail Group had a positive return on equity of 3.13% and a negative net margin of 16.05%. The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the company posted $0.18 EPS. The company’s revenue was down 5.3% compared to the same quarter last year. Ascena Retail Group updated its Q2 guidance to ($0.12-0.07) EPS.

Shares of Ascena Retail Group (ASNA) opened at $2.61 on Tuesday. The company has a market capitalization of $484.14, a P/E ratio of 11.76 and a beta of 1.96. Ascena Retail Group has a 12-month low of $1.65 and a 12-month high of $8.19. The company has a current ratio of 1.20, a quick ratio of 0.52 and a debt-to-equity ratio of 2.24.

Several equities research analysts have recently weighed in on the company. BidaskClub upgraded Ascena Retail Group from a “hold” rating to a “buy” rating in a research note on Saturday. KeyCorp reiterated a “hold” rating on shares of Ascena Retail Group in a research note on Thursday, November 16th. B. Riley reiterated a “neutral” rating on shares of Ascena Retail Group in a research note on Wednesday, November 1st. ValuEngine lowered Ascena Retail Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Zacks Investment Research upgraded Ascena Retail Group from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $3.50.

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Ascena Retail Group Company Profile

Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

Earnings History for Ascena Retail Group (NASDAQ:ASNA)

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