Lands’ End (NASDAQ:LE – Get Free Report) updated its third quarter 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.000-0.100 for the period, compared to the consensus estimate of 0.040. The company issued revenue guidance of $300.0 million-$340.0 million, compared to the consensus revenue estimate of $312.8 million. Lands’ End also updated its FY 2024 guidance to 0.290-0.480 EPS.
Analysts Set New Price Targets
Several research firms recently issued reports on LE. StockNews.com raised shares of Lands’ End from a hold rating to a buy rating in a research report on Friday. Craig Hallum upped their price objective on shares of Lands’ End from $15.00 to $20.00 and gave the stock a buy rating in a research note on Thursday, May 16th.
Read Our Latest Analysis on Lands’ End
Lands’ End Price Performance
Lands’ End (NASDAQ:LE – Get Free Report) last issued its quarterly earnings data on Wednesday, June 5th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.07. The firm had revenue of $285.47 million for the quarter, compared to analysts’ expectations of $271.60 million. Lands’ End had a negative net margin of 9.35% and a negative return on equity of 3.57%. On average, equities analysts predict that Lands’ End will post 0.3 earnings per share for the current fiscal year.
About Lands’ End
Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.
See Also
- Five stocks we like better than Lands’ End
- 3 Tickers Leading a Meme Stock Revival
- Is Merck Stock Undervalued After Its Colossal Earnings Growth?
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Top 5 ETFs for Every Investor: From Semiconductors to Defense
- What is a Special Dividend?
- Blade Air Mobility: This Under-the-Radar Stock Could Double Soon
Receive News & Ratings for Lands' End Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lands' End and related companies with MarketBeat.com's FREE daily email newsletter.