Lands’ End (LE) Scheduled to Post Earnings on Thursday

Lands’ End (NASDAQ:LE – Get Rating) will be announcing its earnings results before the market opens on Thursday, June 1st. Analysts expect the company to announce earnings of ($0.11) per share for the quarter. Lands’ End has set its FY 2023 guidance at -$0.18-$0.03 EPS and its Q1 2023 guidance at -$0.15–$0.09 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Lands’ End (NASDAQ:LE – Get Rating) last released its earnings results on Thursday, March 16th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.15). The firm had revenue of $529.60 million during the quarter, compared to analyst estimates of $521.90 million. Lands’ End had a negative net margin of 0.81% and a negative return on equity of 3.21%. On average, analysts expect Lands’ End to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lands’ End Stock Up 3.7 %

NASDAQ LE opened at $8.58 on Thursday. The stock has a fifty day moving average of $8.17 and a 200-day moving average of $8.44. The stock has a market capitalization of $278.51 million, a P/E ratio of -22.58 and a beta of 2.92. Lands’ End has a 52 week low of $6.31 and a 52 week high of $18.15. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.44 and a current ratio of 1.87.

Institutional Investors Weigh In On Lands’ End

Institutional investors have recently made changes to their positions in the stock. Barclays PLC grew its stake in shares of Lands’ End by 533.7% during the fourth quarter. Barclays PLC now owns 4,100 shares of the company’s stock worth $31,000 after purchasing an additional 3,453 shares during the period. UBS Group AG grew its stake in shares of Lands’ End by 107.8% during the fourth quarter. UBS Group AG now owns 5,389 shares of the company’s stock worth $41,000 after purchasing an additional 2,796 shares during the period. Cubist Systematic Strategies LLC grew its stake in shares of Lands’ End by 807.5% during the third quarter. Cubist Systematic Strategies LLC now owns 8,086 shares of the company’s stock worth $62,000 after purchasing an additional 7,195 shares during the period. Royal Bank of Canada grew its stake in shares of Lands’ End by 11.3% during the third quarter. Royal Bank of Canada now owns 11,067 shares of the company’s stock worth $85,000 after purchasing an additional 1,125 shares during the period. Finally, Deutsche Bank AG grew its stake in shares of Lands’ End by 60.8% during the first quarter. Deutsche Bank AG now owns 9,467 shares of the company’s stock worth $92,000 after purchasing an additional 3,581 shares during the period. 37.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Lands’ End in a research note on Thursday, May 18th. They issued a “hold” rating for the company.

About Lands’ End

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Lands’ End, Inc operates as a digital retailer of casual clothing, accessories, and footwear, as well as home products. It operates through the following segments: US eCommerce, Japan eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, Third Party, and Retail. The company was founded by Gary C.