Lands’ End (NASDAQ:LE) Updates FY20 Earnings Guidance

Lands’ End (NASDAQ:LE) updated its FY20 earnings guidance on Thursday. The company provided earnings per share guidance of $0.37-0.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.43. The company issued revenue guidance of $1.45-1.50, compared to the consensus revenue estimate of $1.46 billion.Lands’ End also updated its FY 2019 guidance to $0.37-0.52 EPS.

A number of analysts have recently weighed in on the company. TheStreet cut Lands’ End from a c- rating to a d+ rating in a research report on Monday, August 19th. Craig Hallum upgraded Lands’ End from a hold rating to a buy rating in a research report on Tuesday, June 4th. Finally, BidaskClub upgraded Lands’ End from a strong sell rating to a sell rating in a research report on Saturday.

Shares of Lands’ End stock traded up $0.67 on Friday, reaching $11.28. 1,544,429 shares of the company were exchanged, compared to its average volume of 360,389. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.53 and a current ratio of 2.16. The company’s 50-day moving average is $9.42 and its two-hundred day moving average is $13.81. The firm has a market cap of $363.33 million, a price-to-earnings ratio of 31.33 and a beta of 1.11. Lands’ End has a 1-year low of $7.15 and a 1-year high of $22.50.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings results on Thursday, September 5th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.11. Lands’ End had a return on equity of 3.09% and a net margin of 0.69%. The business had revenue of $298.30 million for the quarter, compared to analysts’ expectations of $289.54 million. During the same period in the prior year, the firm earned ($0.16) EPS. The business’s quarterly revenue was down 3.1% on a year-over-year basis. As a group, sell-side analysts forecast that Lands’ End will post 0.44 earnings per share for the current 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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