Tailored Brands (NYSE:TLRD) Issues Q2 Earnings Guidance

Tailored Brands (NYSE:TLRD) updated its second quarter earnings guidance on Monday. The company provided EPS guidance of $0.78-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.70. Tailored Brands also updated its Q2 2019 guidance to $0.78-0.80 EPS.

NYSE TLRD opened at $4.66 on Thursday. The firm has a market cap of $235.92 million, a PE ratio of 2.32 and a beta of 1.91. The company has a debt-to-equity ratio of 317.61, a current ratio of 1.39 and a quick ratio of 0.22. The stock’s 50 day simple moving average is $5.17 and its 200 day simple moving average is $7.71. Tailored Brands has a one year low of $4.21 and a one year high of $28.78.

Tailored Brands (NYSE:TLRD) last announced its quarterly earnings data on Wednesday, June 12th. The company reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.06. The firm had revenue of $781.40 million for the quarter, compared to analyst estimates of $776.22 million. Tailored Brands had a return on equity of 4,518.17% and a net margin of 2.39%. The business’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.50 EPS. As a group, equities analysts expect that Tailored Brands will post 1.69 earnings per share for the current year.

A number of brokerages have commented on TLRD. B. Riley decreased their price objective on Tailored Brands from $7.00 to $10.00 and set a neutral rating on the stock in a research report on Thursday, June 13th. Zacks Investment Research raised shares of Tailored Brands from a sell rating to a hold rating in a research note on Tuesday. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $19.67.

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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