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.
Earnings
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.
Past Earnings Performance
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).
Guidance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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