Recap: Lands' End Q2 Earnings

Lands' End LE reported its Q2 earnings results on Thursday, September 1, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Lands' End beat estimated earnings by 50.0%, reporting an EPS of $-0.07 versus an estimate of $-0.14.

Revenue was down $32.93 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 5.65% drop in the share price the next day.

Here's a look at Lands' End's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.10	0.31	0.21	0.41
EPS Actual	-0.07	0.21	0.22	0.48
Revenue Estimate	327.97M	567.68M	397.05M	382.93M
Revenue Actual	303.67M	555.38M	375.84M	384.11M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Lands' End management provided guidance for Q3 2022, expecting earnings between $0.03 and $0.12 per share.

To track all earnings releases for Lands' End visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.