Oxford Industries (NYSE:OXM) issued an update on its third quarter 2019 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.01-0.11 for the period, compared to the Thomson Reuters consensus estimate of $0.14. The company issued revenue guidance of $235-245 million, compared to the consensus revenue estimate of $240.74 million.Oxford Industries also updated its FY 2019 guidance to $4.25-4.45 EPS.
NYSE OXM traded up $1.39 during trading on Wednesday, reaching $79.50. The company’s stock had a trading volume of 553,665 shares, compared to its average volume of 175,386. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 18.40, a P/E/G ratio of 1.65 and a beta of 0.48. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.70 and a current ratio of 1.64. The business’s fifty day moving average price is $69.27 and its 200-day moving average price is $74.27. Oxford Industries has a twelve month low of $63.50 and a twelve month high of $93.52.
Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Wednesday, June 12th. The textile maker reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.09. The business had revenue of $282.00 million for the quarter, compared to analyst estimates of $276.75 million. Oxford Industries had a return on equity of 15.43% and a net margin of 6.03%. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.28 earnings per share. As a group, sell-side analysts forecast that Oxford Industries will post 4.57 EPS for the current fiscal year.
Oxford Industries Company Profile
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
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