-$0.12 EPS Expected for 1-800-Flowers.Com Inc (FLWS) This Quarter

Wall Street brokerages forecast that 1-800-Flowers.Com Inc (NASDAQ:FLWS) will post earnings per share (EPS) of ($0.12) for the current quarter, according to Zacks. Three analysts have provided estimates for 1-800-Flowers.Com’s earnings. The lowest EPS estimate is ($0.15) and the highest is ($0.11). 1-800-Flowers.Com posted earnings of ($0.17) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 29.4%. The firm is expected to issue its next quarterly earnings results on Tuesday, May 1st.

On average, analysts expect that 1-800-Flowers.Com will report full-year earnings of $0.57 per share for the current year, with EPS estimates ranging from $0.44 to $0.63. For the next financial year, analysts expect that the business will post earnings of $0.54 per share, with EPS estimates ranging from $0.52 to $0.57. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for 1-800-Flowers.Com.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings results on Wednesday, January 31st. The specialty retailer reported $0.88 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.88. The business had revenue of $526.10 million during the quarter, compared to the consensus estimate of $528.85 million. 1-800-Flowers.Com had a return on equity of 9.82% and a net margin of 4.70%. 1-800-Flowers.Com’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 earnings per share.

Several research analysts have commented on FLWS shares. Benchmark lowered their target price on 1-800-Flowers.Com to $13.00 and set a “buy” rating for the company in a research note on Thursday, February 1st. Northcoast Research downgraded 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 26th. TheStreet raised 1-800-Flowers.Com from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. Zacks Investment Research raised 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Finally, B. Riley reissued a “buy” rating on shares of 1-800-Flowers.Com in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. 1-800-Flowers.Com has an average rating of “Buy” and an average price target of $12.40.

Several large investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its holdings in 1-800-Flowers.Com by 2.3% in the second quarter. Wells Fargo & Company MN now owns 21,551 shares of the specialty retailer’s stock valued at $211,000 after acquiring an additional 488 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in 1-800-Flowers.Com by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 106,451 shares of the specialty retailer’s stock valued at $1,038,000 after acquiring an additional 665 shares during the last quarter. TIAA CREF Investment Management LLC boosted its holdings in 1-800-Flowers.Com by 0.5% in the second quarter. TIAA CREF Investment Management LLC now owns 166,502 shares of the specialty retailer’s stock valued at $1,623,000 after acquiring an additional 803 shares during the last quarter. Nationwide Fund Advisors boosted its holdings in 1-800-Flowers.Com by 5.2% in the second quarter. Nationwide Fund Advisors now owns 21,803 shares of the specialty retailer’s stock valued at $213,000 after acquiring an additional 1,086 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in 1-800-Flowers.Com by 7.9% in the second quarter. The Manufacturers Life Insurance Company now owns 23,581 shares of the specialty retailer’s stock valued at $230,000 after acquiring an additional 1,723 shares during the last quarter. Institutional investors own 33.02% of the company’s stock.

Shares of 1-800-Flowers.Com (FLWS) remained flat at $$10.80 during midday trading on Monday. The stock had a trading volume of 155,914 shares, compared to its average volume of 190,232. The company has a quick ratio of 0.70, a current ratio of 2.15 and a debt-to-equity ratio of 0.37. The stock has a market cap of $699.56, a price-to-earnings ratio of 13.50, a P/E/G ratio of 1.22 and a beta of 1.46. 1-800-Flowers.Com has a twelve month low of $7.80 and a twelve month high of $12.00.

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1-800-Flowers.Com Company Profile

1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.

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Earnings History and Estimates for 1-800-Flowers.Com (NASDAQ:FLWS)

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