National Vision (EYE) to Release Earnings on Wednesday

National Vision (NASDAQ:EYE) will be issuing its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. National Vision has set its FY 2024 guidance at 0.500-0.650 EPS and its FY24 guidance at $0.50-$0.65 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

National Vision (NASDAQ:EYE) last issued its quarterly earnings results on Tuesday, February 27th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.07. The business had revenue of $506.40 million during the quarter, compared to the consensus estimate of $499.49 million. National Vision had a negative net margin of 3.10% and a positive return on equity of 3.69%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.11) earnings per share. On average, analysts expect National Vision to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

National Vision Stock Performance

Shares of EYE opened at $17.90 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.00 and a quick ratio of 0.70. National Vision has a 1 year low of $13.71 and a 1 year high of $27.02. The company’s 50 day simple moving average is $20.88 and its 200 day simple moving average is $19.78.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lifted their target price on National Vision from $18.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, February 28th. Five investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $22.17.

About National Vision

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.