Tailored Brands (TLRD) Issues Q4 Earnings Guidance

Tailored Brands (NYSE:TLRD) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided EPS guidance of ($0.34-0.29) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.26).

Shares of TLRD stock opened at $14.68 on Monday. Tailored Brands has a 12-month low of $12.53 and a 12-month high of $35.94. The company has a debt-to-equity ratio of 123.20, a quick ratio of 0.39 and a current ratio of 1.94. The company has a market capitalization of $741.92 million, a P/E ratio of 6.67, a P/E/G ratio of 0.40 and a beta of 2.03.

Tailored Brands (NYSE:TLRD) last issued its earnings results on Wednesday, December 12th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.07. Tailored Brands had a net margin of 2.31% and a negative return on equity of 2,056.23%. The company had revenue of $812.70 million for the quarter, compared to analysts’ expectations of $819.50 million. During the same quarter last year, the company posted $0.72 earnings per share. The firm’s quarterly revenue was up .2% on a year-over-year basis. As a group, equities analysts predict that Tailored Brands will post 2.33 EPS for the current year.

TLRD has been the topic of several recent research reports. B. Riley initiated coverage on shares of Tailored Brands in a research report on Tuesday, December 18th. They issued a buy rating and a $20.00 price target on the stock. Zacks Investment Research downgraded shares of Tailored Brands from a buy rating to a hold rating in a research report on Wednesday, October 31st. Deutsche Bank set a $24.00 price target on shares of Tailored Brands and gave the stock a hold rating in a research report on Thursday, December 13th. Citigroup initiated coverage on shares of Tailored Brands in a research report on Thursday, December 20th. They issued a market weight rating on the stock. Finally, ValuEngine downgraded shares of Tailored Brands from a hold rating to a sell rating in a research report on Tuesday, October 2nd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and a consensus price target of $23.00.

In other news, CFO Jack Calandra acquired 7,500 shares of the firm’s stock in a transaction dated Wednesday, December 19th. The shares were purchased at an average cost of $13.43 per share, for a total transaction of $100,725.00. Following the transaction, the chief financial officer now directly owns 76,064 shares of the company’s stock, valued at $1,021,539.52. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP A Alexander Rhodes acquired 3,804 shares of the firm’s stock in a transaction dated Wednesday, December 19th. The shares were purchased at an average price of $13.14 per share, for a total transaction of $49,984.56. Following the completion of the transaction, the executive vice president now directly owns 60,964 shares in the company, valued at $801,066.96. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by company insiders.

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Tailored Brands Company Profile

Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.

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Earnings History and Estimates for Tailored Brands (NYSE:TLRD)

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