J.Jill (NYSE:JILL) Issues Quarterly Earnings Results, Beats Estimates By $0.65 EPS

J.Jill (NYSE:JILLGet Rating) announced its quarterly earnings data on Wednesday. The specialty retailer reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.65, Fidelity Earnings reports. J.Jill had a net margin of 0.75% and a negative return on equity of 75.66%. During the same period in the prior year, the company earned $0.20 earnings per share. J.Jill updated its Q2 2022 guidance to EPS.

Shares of NYSE JILL opened at $19.10 on Friday. J.Jill has a 52-week low of $12.47 and a 52-week high of $24.50. The firm has a market capitalization of $190.81 million, a price-to-earnings ratio of 238.78 and a beta of 1.49. The stock has a 50 day moving average price of $16.62 and a 200 day moving average price of $16.23.

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of J.Jill by 24.3% during the first quarter. Vanguard Group Inc. now owns 211,590 shares of the specialty retailer’s stock valued at $3,210,000 after buying an additional 41,383 shares during the period. Marshall Wace LLP increased its position in J.Jill by 43.5% during the 4th quarter. Marshall Wace LLP now owns 52,025 shares of the specialty retailer’s stock valued at $996,000 after purchasing an additional 15,761 shares during the period. Geode Capital Management LLC increased its position in J.Jill by 10.8% during the 4th quarter. Geode Capital Management LLC now owns 32,193 shares of the specialty retailer’s stock valued at $617,000 after purchasing an additional 3,147 shares during the period. Morgan Stanley raised its holdings in shares of J.Jill by 35.9% in the 3rd quarter. Morgan Stanley now owns 30,921 shares of the specialty retailer’s stock valued at $537,000 after purchasing an additional 8,175 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its position in shares of J.Jill by 60.6% in the 4th quarter. Susquehanna International Group LLP now owns 27,176 shares of the specialty retailer’s stock worth $521,000 after purchasing an additional 10,256 shares during the period. Institutional investors and hedge funds own 21.45% of the company’s stock.

A number of equities analysts recently issued reports on JILL shares. Telsey Advisory Group boosted their price objective on J.Jill to $24.00 in a report on Thursday. Zacks Investment Research lowered shares of J.Jill from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 25th. Finally, TheStreet raised shares of J.Jill from a “d+” rating to a “c-” rating in a research note on Wednesday.

About J.Jill (Get Rating)

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. The company offers knit and woven tops, bottoms, and dresses, as well as sweaters and outerwear; footwear; and accessories, including scarves, jewelry, and hosiery. The company markets its products through retail stores, website, and catalogs.

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Earnings History for J.Jill (NYSE:JILL)

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