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

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Lands’ End (NASDAQ:LE) updated its fourth quarter 2019
Pre-Market earnings guidance on Tuesday. The company provided earnings per share guidance of 0.74-0.83 for the period, compared to the Thomson Reuters consensus earnings per share 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.

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

Shares of Lands’ End stock opened at $11.77 on Tuesday. The firm’s 50 day simple moving average is $11.46 and its two-hundred day simple moving average is $11.43. The firm has a market capitalization of $381.32 million, a price-to-earnings ratio of 32.69 and a beta of 1.21. Lands’ End has a 12-month low of $7.15 and a 12-month high of $22.50. The company has a current ratio of 1.68, a quick ratio of 0.45 and a debt-to-equity ratio of 1.30.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings data on Thursday, September 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.11. The firm 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 company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the business posted ($0.16) earnings per share. On average, sell-side analysts predict that Lands’ End will post 0.44 EPS for the current fiscal year.

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.

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