Cato Corp. (CATO) Issues Q4 Earnings Guidance
Cato Corp. (NYSE:CATO) updated its fourth quarter earnings guidance on Thursday. The company provided EPS guidance of ($0.11-0.07) for the period, compared to the Thomson Reuters consensus EPS estimate of $0.27.
Cato Corp. (NYSE:CATO) opened at 32.42 on Monday. The firm’s 50 day moving average is $30.87 and its 200 day moving average is $34.63. The company has a market cap of $892.62 million, a PE ratio of 12.51 and a beta of 1.03. Cato Corp. has a 52-week low of $28.40 and a 52-week high of $40.51.
Cato Corp. (NYSE:CATO) last issued its quarterly earnings data on Thursday, November 17th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. The firm earned $209.26 million during the quarter, compared to the consensus estimate of $210 million. Cato Corp. had a net margin of 7.28% and a return on equity of 16.90%. The company’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.30 earnings per share. Analysts forecast that Cato Corp. will post $2.40 EPS for the current fiscal year.
Cato Corp. Company Profile
The Cato Corporation is a fashion specialty retailer. The Company’s merchandise lines include dressy, career, and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry, handbags, men’s wear and lines for kids and newborns. Its stores offer an assortment of on-trend apparel and accessory items in primarily junior/missy, plus sizes, girls’ sizes 7 to 16, men’s and kids sizes with a focus on color, product coordination and selection.
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