RTW Retailwinds (NYSE:RTW) released its earnings results on Wednesday. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04), Morningstar.com reports. RTW Retailwinds had a return on equity of 10.99% and a net margin of 0.47%. The firm had revenue of $200.96 million during the quarter, compared to analysts’ expectations of $202.32 million.
RTW Retailwinds stock traded up $0.12 during midday trading on Thursday, reaching $2.17. 2,111 shares of the stock traded hands, compared to its average volume of 98,843. RTW Retailwinds has a 12 month low of $2.04 and a 12 month high of $5.55. The firm has a market cap of $143.92 million, a PE ratio of 14.75 and a beta of 1.27.
Several research firms recently issued reports on RTW. Zacks Investment Research upgraded RTW Retailwinds from a “sell” rating to a “hold” rating in a research report on Saturday, May 25th. Roth Capital lowered RTW Retailwinds from a “buy” rating to a “neutral” rating and dropped their price target for the company from $6.50 to $2.50 in a research note on Monday, March 25th. Finally, ValuEngine raised RTW Retailwinds from a “sell” rating to a “hold” rating in a research note on Monday, February 4th.
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About RTW Retailwinds
RTW Retailwinds, Inc operates as an omni-channel women's fashion retailer in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.
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