Lands’ End (NASDAQ:LE) Releases Q4 2019 Pre-Market Earnings Guidance

Lands’ End (NASDAQ:LE) updated its fourth quarter 2019
Pre-Market earnings guidance on Tuesday. The company provided EPS guidance of 0.74-0.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.71. The company issued revenue guidance of $545-555 million, compared to the consensus revenue estimate of $549.6 million.Lands’ End also updated its FY 2019
Pre-Market guidance to 0.55-0.64 EPS.

Several equities analysts recently issued reports on the stock. BidaskClub upgraded shares of Lands’ End from a hold rating to a buy rating in a research report on Friday. TheStreet lowered shares of Lands’ End from a c- rating to a d+ rating in a report on Monday, August 19th.

Shares of NASDAQ:LE opened at $14.51 on Friday. The company has a current ratio of 1.68, a quick ratio of 0.45 and a debt-to-equity ratio of 1.30. The stock has a fifty day simple moving average of $11.67 and a two-hundred day simple moving average of $11.42. Lands’ End has a 12-month low of $7.15 and a 12-month high of $22.50. The stock has a market capitalization of $469.69 million, a price-to-earnings ratio of 40.31 and a beta of 1.21.

Lands’ End (NASDAQ:LE) last issued its earnings results on Tuesday, December 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The business had revenue of $340.00 million during the quarter, compared to analysts’ expectations of $349.77 million. Lands’ End had a net margin of 0.69% and a return on equity of 3.09%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.10 earnings per share. As a group, equities research analysts predict that Lands’ End will post 0.44 EPS for the current year.

About Lands’ End

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.

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