1-800-FLOWERS.COM (NASDAQ:FLWS) Releases Quarterly Earnings Results, Misses Estimates By $0.07 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) announced its earnings results on Thursday. The specialty retailer reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.07), Briefing.com reports. 1-800-FLOWERS.COM had a negative net margin of 0.42% and a positive return on equity of 3.27%. The company had revenue of $360.90 million during the quarter, compared to analysts’ expectations of $374.40 million. During the same period in the prior year, the business earned ($0.28) earnings per share. The company’s revenue for the quarter was down 9.5% compared to the same quarter last year.

1-800-FLOWERS.COM Trading Down 12.1 %

FLWS opened at $7.91 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.89 and a quick ratio of 1.13. The firm has a market capitalization of $507.90 million, a price-to-earnings ratio of -65.92, a PEG ratio of 1.80 and a beta of 1.68. The business has a 50 day simple moving average of $9.46 and a two-hundred day simple moving average of $9.62. 1-800-FLOWERS.COM has a one year low of $5.97 and a one year high of $11.42.

Wall Street Analysts Forecast Growth

FLWS has been the topic of several research reports. DA Davidson raised shares of 1-800-FLOWERS.COM from an “underperform” rating to a “neutral” rating and decreased their price target for the stock from $8.00 to $7.00 in a research note on Friday. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd.

About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.