CSS Industries (NYSE:CSS) Releases Earnings Results, Misses Estimates By $0.72 EPS

CSS Industries (NYSE:CSS) posted its quarterly earnings results on Thursday. The specialty retailer reported ($1.36) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.64) by ($0.72), Bloomberg Earnings reports. CSS Industries had a negative return on equity of 6.70% and a negative net margin of 13.13%. The company had revenue of $57.54 million during the quarter, compared to analyst estimates of $59.40 million. CSS Industries updated its FY 2020 guidance to EPS.

Shares of NYSE CSS traded up $0.02 during mid-day trading on Friday, reaching $5.06. The company had a trading volume of 28,828 shares, compared to its average volume of 22,233. CSS Industries has a twelve month low of $4.14 and a twelve month high of $15.27. The firm has a market capitalization of $44.62 million, a PE ratio of -1.98, a PEG ratio of 1.80 and a beta of 0.96. The stock has a 50 day simple moving average of $5.05.

Separately, Zacks Investment Research raised shares of CSS Industries from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th.

About CSS Industries

CSS Industries, Inc, a consumer products company, designs, manufactures, procures, distributes, and sells seasonal, gift, and craft products principally to mass market retailers in the United States and Canada. Its craft and gift consumer products include craft ribbons and bows, trims, buttons, sewing patterns, knitting needles, needle arts, kids' crafts, infant products, journals, gift card holders, all occasion boxed greeting cards, memory books, scrapbooks, stationery, stickers, and other gift and craft items, as well as floral accessories, including pot covers, foil, waxed tissue, shred, aisle runners, corsage bags, and other paper and film products.

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Earnings History for CSS Industries (NYSE:CSS)

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