-$0.02 EPS Expected for EVINE Live Inc (EVLV) This Quarter

Equities analysts expect EVINE Live Inc (NASDAQ:EVLV) to announce earnings per share (EPS) of ($0.02) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for EVINE Live’s earnings. The lowest EPS estimate is ($0.02) and the highest is ($0.01). EVINE Live reported earnings per share of ($0.03) in the same quarter last year, which would indicate a positive year-over-year growth rate of 33.3%. The company is expected to announce its next earnings report on Wednesday, August 22nd.

According to Zacks, analysts expect that EVINE Live will report full-year earnings of ($0.02) per share for the current year. For the next fiscal year, analysts expect that the company will post earnings of $0.06 per share, with EPS estimates ranging from $0.04 to $0.07. Zacks’ earnings per share averages are an average based on a survey of analysts that cover EVINE Live.

EVINE Live (NASDAQ:EVLV) last announced its quarterly earnings data on Wednesday, May 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The business had revenue of $156.51 million during the quarter, compared to the consensus estimate of $156.41 million. EVINE Live had a net margin of 0.05% and a return on equity of 1.90%.

Several equities analysts have recently commented on the company. ValuEngine upgraded EVINE Live from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd. DA Davidson increased their price objective on EVINE Live from $1.35 to $2.00 and gave the stock a “buy” rating in a report on Thursday, May 31st. Zacks Investment Research cut EVINE Live from a “buy” rating to a “hold” rating in a report on Thursday, March 15th. Finally, Lake Street Capital lowered their target price on EVINE Live to $2.00 and set a “buy” rating for the company in a research note on Thursday, March 15th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $1.88.

EVLV traded up $0.01 during trading on Thursday, reaching $1.18. 234,031 shares of the company were exchanged, compared to its average volume of 429,696. The stock has a market capitalization of $76.78 million, a price-to-earnings ratio of -117.00, a price-to-earnings-growth ratio of 78.00 and a beta of 2.50. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.23 and a current ratio of 1.95. EVINE Live has a 12-month low of $0.76 and a 12-month high of $1.62.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Balter Liquid Alternatives LLC lifted its position in shares of EVINE Live by 345.2% in the first quarter. Balter Liquid Alternatives LLC now owns 171,565 shares of the company’s stock valued at $175,000 after acquiring an additional 133,026 shares in the last quarter. Deutsche Bank AG bought a new position in shares of EVINE Live during the fourth quarter valued at approximately $249,000. Millennium Management LLC grew its stake in shares of EVINE Live by 338.1% during the fourth quarter. Millennium Management LLC now owns 263,651 shares of the company’s stock valued at $369,000 after buying an additional 203,464 shares during the last quarter. Municipal Employees Retirement System of Michigan bought a new position in EVINE Live in the fourth quarter worth approximately $482,000. Finally, Geode Capital Management LLC grew its stake in EVINE Live by 23.1% in the fourth quarter. Geode Capital Management LLC now owns 388,662 shares of the company’s stock worth $543,000 after purchasing an additional 72,941 shares in the last quarter. Institutional investors own 37.33% of the company’s stock.

EVINE Live Company Profile

EVINE Live Inc operates as a multiplatform video commerce company in the United States. The company markets, sells, and distributes products to consumers through television, online, mobile, and social media in various merchandise categories, such as jewelry and watches, which include silver, gold, and gemstones to simulated diamonds; home and consumer electronics, which include home décor, bed and bath textiles, cookware, kitchen electrics, mattresses, tabletop accessories, and home furnishings; beauty products, including skincare, cosmetics, hair care, and bath and body products; and fashion and accessories, such as apparel, outerwear, intimates, handbags, accessories, and footwear.

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Earnings History and Estimates for EVINE Live (NASDAQ:EVLV)

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