Lands’ End (NASDAQ:LE) Issues Q4 Earnings Guidance

Lands’ End (NASDAQ:LE) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.74-0.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.72. The company issued revenue guidance of $545-555 million, compared to the consensus revenue estimate of $549.60 million.Lands’ End also updated its FY 2019
Pre-Market guidance to 0.55-0.64 EPS.

Shares of NASDAQ LE opened at $11.77 on Tuesday. Lands’ End has a 1 year low of $7.15 and a 1 year high of $22.50. The firm has a market cap of $381.32 million, a price-to-earnings ratio of 32.69 and a beta of 1.21. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.45 and a current ratio of 1.68. The stock’s 50-day simple moving average is $11.46 and its 200-day simple moving average is $11.43.

Lands’ End (NASDAQ:LE) last released its earnings results on Thursday, September 5th. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.11. The company had revenue of $298.30 million during the quarter, compared to analysts’ expectations of $289.54 million. Lands’ End had a return on equity of 3.09% and a net margin of 0.69%. The business’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.16) EPS. As a group, research analysts predict that Lands’ End will post 0.44 EPS for the current year.

A number of research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Lands’ End from a sell rating to a hold rating in a research report on Wednesday, November 27th. TheStreet lowered shares of Lands’ End from a c- rating to a d+ rating in a report on Monday, August 19th.

Lands’ End Company Profile

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, and Retail segments. It offers casual clothing, accessories, footwear, and home products.

Read More: Cost of Capital Explained

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