Buckle Inc reports results for the quarter ended in April - Earnings Summary

The Buckle

24/05/2024 14:51

* Buckle Inc  BKE.N  reported quarterly adjusted earnings of
69
cents​​ per share for the quarter ended in April, lower than the
same quarter last year, when the company reported EPS of 86
cents.  The mean expectation of two analysts for the quarter was
for earnings of 74 cents per share. Wall Street expected
results to range from 71 cents to 77 cents per share.
    * Revenue fell 7.2% to $262.48 million from a year ago;
analysts
expected $263.64 million. 
    * Buckle Inc's reported EPS for the quarter was 69 cents​.
    * The company reported quarterly net income of $34.84
million.
    * Buckle Inc shares had fallen by 9.4% this quarter and
lost 18.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is  "sell."

Wall Street's median 12-month price target for Buckle Inc is
$32.00 
This summary was machine generated from LSEG data May 24 at
01:51 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2024      0.74           0.69           Missed
 Jan. 31 2024      1.44           1.59           Beat
 Oct. 31 2023      0.95           1.04           Beat
 Jul. 31 2023      0.81           0.92           Beat