Party City Holdco (NYSE:PRTY) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided EPS guidance of $1.26-1.36 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.65. The company issued revenue guidance of $2.4-2.45 billion, compared to the consensus revenue estimate of $2.48 billion.Party City Holdco also updated its FY19 guidance to $1.26-$1.36 EPS.
NYSE PRTY traded up $0.09 on Friday, hitting $4.74. 3,819,195 shares of the company were exchanged, compared to its average volume of 2,359,006. The firm’s 50 day simple moving average is $6.48. The company has a market cap of $436.12 million, a P/E ratio of 3.35, a P/E/G ratio of 0.24 and a beta of 1.30. The company has a current ratio of 1.16, a quick ratio of 0.28 and a debt-to-equity ratio of 2.28. Party City Holdco has a 1-year low of $4.41 and a 1-year high of $15.75.
Party City Holdco (NYSE:PRTY) last issued its quarterly earnings results on Thursday, August 8th. The specialty retailer reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.16). The company had revenue of $563.90 million for the quarter, compared to analyst estimates of $572.14 million. Party City Holdco had a return on equity of 12.88% and a net margin of 4.67%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company earned $0.40 EPS. On average, analysts expect that Party City Holdco will post 1.7 EPS for the current fiscal year.
About Party City Holdco
Party City Holdco Inc, through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally. The company operates in two segments, Retail and Wholesale. It offers paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery.
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