Tuesday Morning Corp. (TUES) Set to Announce Quarterly Earnings on Wednesday
Tuesday Morning Corp. (NASDAQ:TUES) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, October 25th.
Tuesday Morning Corp. (NASDAQ:TUES) last released its quarterly earnings results on Thursday, August 24th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.09). The company had revenue of $223.60 million during the quarter, compared to analysts’ expectations of $225.51 million. Tuesday Morning Corp. had a negative net margin of 3.37% and a negative return on equity of 15.09%. Tuesday Morning Corp.’s revenue was up .4% on a year-over-year basis. During the same period last year, the firm posted ($0.09) earnings per share. On average, analysts expect Tuesday Morning Corp. to post $-0.45 EPS for the current fiscal year and $-0.07 EPS for the next fiscal year.
Shares of Tuesday Morning Corp. (NASDAQ:TUES) opened at 2.65 on Wednesday. The stock has a 50 day moving average of $2.52 and a 200-day moving average of $2.31. Tuesday Morning Corp. has a 1-year low of $1.60 and a 1-year high of $6.12. The stock’s market capitalization is $116.68 million.
Several equities research analysts recently issued reports on TUES shares. Zacks Investment Research raised shares of Tuesday Morning Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. B. Riley set a $2.00 target price on shares of Tuesday Morning Corp. and gave the stock a “hold” rating in a research report on Friday, August 25th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Tuesday Morning Corp. has an average rating of “Hold” and a consensus target price of $2.45.
TRADEMARK VIOLATION NOTICE: “Tuesday Morning Corp. (TUES) Set to Announce Quarterly Earnings on Wednesday” was first reported by Watch List News and is the property of of Watch List News. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.watchlistnews.com/tuesday-morning-corp-tues-set-to-announce-quarterly-earnings-on-wednesday/1638003.html.
About Tuesday Morning Corp.
Tuesday Morning Corporation is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016. The Company offers products in a range of categories, such as home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods.
Receive News & Ratings for Tuesday Morning Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tuesday Morning Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.