Perry Ellis International (NASDAQ:PERY) posted its quarterly earnings results on Thursday. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.27, American Banking & Market News reports. The company had revenue of $257.30 million for the quarter, compared to the consensus estimate of $235.47 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. Perry Ellis International updated its FY15 guidance to $0.80-0.95 EPS.
PERY has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Perry Ellis International from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $15.20 price target on the stock. On the ratings front, analysts at TheStreet downgraded shares of Perry Ellis International from a “hold” rating to a “sell” rating in a research note on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $16.80.
Perry Ellis International (NASDAQ:PERY) opened at 14.79 on Thursday. Perry Ellis International has a one year low of $12.37 and a one year high of $22.19. The stock has a 50-day moving average of $14.62 and a 200-day moving average of $15.17. The company’s market cap is $218.5 million.
Perry Ellis International, Inc, is an apparel company in the United States. The Company manages a portfolio of brands.
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