Buckle (BKE) to Release Earnings on Friday
Buckle (NYSE:BKE) will release its earnings data before the market opens on Friday, May 24th. Analysts expect Buckle to post earnings of $0.37 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Buckle (NYSE:BKE) last issued its quarterly earnings data on Friday, March 15th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.04. Buckle had a net margin of 10.80% and a return on equity of 23.75%. The company had revenue of $264.40 million for the quarter, compared to analysts’ expectations of $267.55 million. During the same quarter in the previous year, the firm posted $0.87 earnings per share. Buckle’s revenue for the quarter was down 6.0% on a year-over-year basis. On average, analysts expect Buckle to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Buckle stock opened at $18.65 on Friday. Buckle has a twelve month low of $16.85 and a twelve month high of $29.65. The firm has a market capitalization of $912.91 million, a P/E ratio of 9.47 and a beta of 0.47.
In related news, Director Robert Erle Campbell sold 2,000 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $19.00, for a total value of $38,000.00. Following the sale, the director now owns 30,464 shares of the company’s stock, valued at $578,816. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 41.80% of the company’s stock.
BKE has been the topic of several analyst reports. Zacks Investment Research cut shares of Buckle from a “hold” rating to a “sell” rating in a research note on Tuesday, January 22nd. ValuEngine cut shares of Buckle from a “hold” rating to a “sell” rating in a research note on Wednesday, January 30th. Finally, Deutsche Bank cut shares of Buckle from a “hold” rating to a “sell” rating and set a $16.00 price objective on the stock. in a research note on Friday, March 8th.
ILLEGAL ACTIVITY WARNING: “Buckle (BKE) to Release Earnings on Friday” was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this story on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be viewed at https://www.watchlistnews.com/buckle-bke-to-release-earnings-on-friday/3012713.html.
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.
Featured Story: What is a capital gain?
Receive News & Ratings for Buckle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle and related companies with MarketBeat.com's FREE daily email newsletter.