Buckle (NYSE:BKE) Posts Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Buckle (NYSE:BKE) released its earnings results on Friday. The company reported ($0.24) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.10), MarketWatch Earnings reports. Buckle had a net margin of 11.60% and a return on equity of 25.98%. The company had revenue of $115.40 million during the quarter, compared to the consensus estimate of $119.67 million. During the same quarter in the previous year, the business posted $0.31 EPS. The firm’s quarterly revenue was down 42.7% on a year-over-year basis.

NYSE BKE opened at $14.72 on Friday. Buckle has a 1-year low of $11.76 and a 1-year high of $28.52. The company has a market capitalization of $778.18 million, a price-to-earnings ratio of 7.36 and a beta of 1.24. The stock’s 50 day moving average is $14.48 and its two-hundred day moving average is $21.52. The company has a current ratio of 2.19, a quick ratio of 1.49 and a debt-to-equity ratio of 0.75.

A number of analysts have commented on BKE shares. TheStreet downgraded Buckle from a “b” rating to a “c+” rating in a research report on Friday, March 27th. ValuEngine downgraded shares of Buckle from a “sell” rating to a “strong sell” rating in a research note on Saturday, February 1st. Finally, Zacks Investment Research upgraded shares of Buckle from a “sell” rating to a “hold” rating in a research note on Tuesday, April 7th.

About Buckle

The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.

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Earnings History for Buckle (NYSE:BKE)

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