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

The Buckle

23/08/2024 14:51

* Buckle Inc  BKE.N  reported quarterly adjusted earnings of
78
cents​​ per share for the quarter ended in July, lower than the
same quarter last year, when the company reported EPS of 92
cents.  The mean expectation of two analysts for the quarter was
for earnings of 80 cents per share. Wall Street expected
results to range from 76 cents to 83 cents per share.
    * Revenue fell 3.4% to $282.39 million from a year ago;
analysts
expected $276.75 million. 
    * Buckle Inc's reported EPS for the quarter was 78 cents​.
    * The company reported quarterly net income of $39.26
million.
    * Buckle Inc shares had risen by 12.8% this quarter and
lost 7.0%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
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," 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 August 23 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
 Jul. 31 2024      0.80           0.78           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