Perry Ellis International Inc. (PERY) Set to Announce Quarterly Earnings on Wednesday
Perry Ellis International Inc. (NASDAQ:PERY) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, August 16th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Perry Ellis International has set its FY18 guidance at $2.07-2.17 EPS.
Perry Ellis International (NASDAQ:PERY) last posted its earnings results on Thursday, May 18th. The textile maker reported $0.83 EPS for the quarter, topping the consensus estimate of $0.72 by $0.11. Perry Ellis International had a net margin of 1.55% and a return on equity of 9.18%. The firm had revenue of $242 million during the quarter, compared to analysts’ expectations of $241.81 million. During the same quarter in the prior year, the firm earned $1.01 EPS. Perry Ellis International’s quarterly revenue was down 7.3% on a year-over-year basis. On average, analysts expect Perry Ellis International to post $2.13 EPS for the current fiscal year and $2.34 EPS for the next fiscal year.
Perry Ellis International Inc. (NASDAQ PERY) opened at 19.84 on Wednesday. The company has a market cap of $297.76 million, a PE ratio of 23.59 and a beta of 0.69. Perry Ellis International Inc. has a 52-week low of $17.14 and a 52-week high of $29.00. The firm has a 50-day moving average of $19.06 and a 200 day moving average of $20.80.
In other Perry Ellis International news, insider Stanley P. Silverstein sold 1,802 shares of the firm’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $19.34, for a total value of $34,850.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 20.20% of the company’s stock.
A number of equities research analysts recently issued reports on PERY shares. Zacks Investment Research upgraded shares of Perry Ellis International from a “sell” rating to a “hold” rating and set a $21.00 target price for the company in a research report on Saturday, May 20th. FBR & Co reiterated an “outperform” rating and set a $25.00 target price on shares of Perry Ellis International in a research report on Tuesday, July 11th. Wunderlich reiterated a “buy” rating and set a $35.00 target price on shares of Perry Ellis International in a research report on Friday, May 19th. Finally, ValuEngine cut shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Perry Ellis International currently has an average rating of “Buy” and a consensus target price of $26.80.
Perry Ellis International Company Profile
Perry Ellis International, Inc is an apparel company. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. It operates through four segments: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.
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