Perry Ellis International (PERY) Announces Quarterly Earnings Results, Beats Estimates By $0.27 EPS

Share on StockTwits

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Profit at Ford Exceeds Expectations
Profit at Ford Exceeds Expectations
McDonald’s Profit Drops as Sales in U.S. Struggle
McDonald’s Profit Drops as Sales in U.S. Struggle
Power Shifting in Technology Business
Power Shifting in Technology Business
Silvio Berlusconi is Acquitted on Appeal
Silvio Berlusconi is Acquitted on Appeal
Apple Teams Up With IBM
Apple Teams Up With IBM
Germany Defeats Argentina to Win the World Cup
Germany Defeats Argentina to Win the World Cup


Leave a Reply

 
© 2006-2014 The Legacy. Subscribe