Tailored Brands (NYSE:TLRD) updated its second quarter 2019 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.78-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.70. The company issued revenue guidance of $787-789 million, compared to the consensus revenue estimate of $789.79 million.Tailored Brands also updated its Q2 guidance to $0.78-0.80 EPS.
NYSE TLRD opened at $4.66 on Thursday. The company has a debt-to-equity ratio of 317.61, a quick ratio of 0.22 and a current ratio of 1.39. The business has a fifty day moving average price of $5.17 and a 200 day moving average price of $7.71. The company has a market cap of $235.92 million, a P/E ratio of 2.32 and a beta of 1.91. Tailored Brands has a one year low of $4.21 and a one year high of $28.78.
Tailored Brands (NYSE:TLRD) last issued its earnings results on Wednesday, June 12th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.06. The company had revenue of $781.40 million during the quarter, compared to analysts’ expectations of $776.22 million. Tailored Brands had a return on equity of 4,518.17% and a net margin of 2.39%. The firm’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.50 EPS. As a group, sell-side analysts predict that Tailored Brands will post 1.69 EPS for the current fiscal year.
A number of equities analysts have recently weighed in on TLRD shares. Zacks Investment Research upgraded Tailored Brands from a sell rating to a hold rating in a report on Tuesday. B. Riley lowered their price target on Tailored Brands from $7.00 to $10.00 and set a neutral rating for the company in a report on Thursday, June 13th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company has an average rating of Hold and an average price target of $19.67.
About Tailored Brands
Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.
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