Oxford Industries (NYSE:OXM) updated its FY 2019 earnings guidance on Wednesday. The company provided earnings per share guidance of $4.25-4.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.54. The company issued revenue guidance of $1.135-1.155 billion, compared to the consensus revenue estimate of $1.14 billion.Oxford Industries also updated its Q3 2019 guidance to $0.01-0.11 EPS.
Shares of Oxford Industries stock traded up $1.39 during trading on Wednesday, hitting $79.50. 553,665 shares of the stock traded hands, compared to its average volume of 175,386. The firm has a market cap of $1.33 billion, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 1.65 and a beta of 0.48. The company has a current ratio of 1.64, a quick ratio of 0.70 and a debt-to-equity ratio of 0.67. Oxford Industries has a 52-week low of $63.50 and a 52-week high of $93.52. The stock’s fifty day simple moving average is $69.27 and its 200 day simple moving average is $74.27.
Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, June 12th. The textile maker reported $1.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.09. Oxford Industries had a net margin of 6.03% and a return on equity of 15.43%. The company had revenue of $282.00 million during the quarter, compared to analyst estimates of $276.75 million. During the same period in the prior year, the firm earned $1.28 earnings per share. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, equities analysts expect that Oxford Industries will post 4.57 EPS for the current year.
Oxford Industries Company Profile
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
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