Buckle Inc BKE.N reported quarterly adjusted earnings of 89 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 78 cents. The mean expectation of two analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 71 cents to 90 cents per share.
Revenue rose 8.3% to $305.74 million from a year ago; analysts expected $290.05 million.
Buckle Inc's reported EPS for the quarter was 89 cents.
The company reported quarterly net income of $45.01 million.
Buckle Inc shares had risen by 20.9% this quarter and gained 13.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."
Wall Street's median 12-month price target for Buckle Inc is $51.00, about 7.5% below its last closing price of $54.85
This summary was machine generated from LSEG data August 22 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)