PREVIEW: Oxford Industries dips ahead of results due after the bell

Oxford Industries

11/09/2024 18:52

** Oxford Industries  OXM.N  shares edged down 0.1% on Wed ahead
of the clothing company's quarterly results due after the
closing bell
    ** The co is expected to report an increase in rev to
$438.18 mln from $420.32 mln in the yr ago period, while
earnings are expected to decrease to $3.00/shr vs $3.45 a yr
ago, according to LSEG data
    ** The co has beaten analysts' expectations on earnings in
six of the past eight reporting periods, per LSEG
    ** Analyst recommendations on the stock include one "buy"
recommendation, three "hold" recommendations and one "strong
sell" rating
    ** The median 12-mo price target on OXM is $101; the stock
was last at $83.26
    ** Earlier this month, UBS cuts its target price on the
stock to $91 from $101
    ** Including the session move, the stock is down about 17%
YTD vs a roughly 0.8% gain in the S&P 600 small cap index
 .SPCY ​​​

 (Reporting by Caroline Valetkevitch)
 ((caroline.valetkevitch@thomsonreuters.com))