Lands’ End (NASDAQ:LE – Get Free Report) updated its third quarter 2024 earnings guidance on Thursday. The company provided EPS guidance of 0.000-0.100 for the period, compared to the consensus EPS 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.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. StockNews.com upgraded shares of Lands’ End from a hold rating to a buy rating in a report on Friday. Craig Hallum lifted their price objective on Lands’ End from $15.00 to $20.00 and gave the stock a buy rating in a research report on Thursday, May 16th.
Read Our Latest Stock Analysis on LE
Lands’ End Stock Performance
Lands’ End (NASDAQ:LE – Get Free Report) last announced its quarterly earnings results on Wednesday, June 5th. The company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.07. The company 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%. Equities research analysts anticipate that Lands’ End will post 0.3 earnings per share for the current fiscal year.
Lands’ End Company Profile
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.
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