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Oxford Industries Inc. (OXM) Is Climbing After Q4 Earnings Beat

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Oxford Industries Inc. (OXM: Quote) reported fourth quarter adjusted EPS of $0.89 after the close Thursday, compared to $0.65 in the previous year. Analysts expected EPS of $0.86. The company expects first quarter adjusted EPS of $0.80 to $0.90 and between $3.00 and $3.15 for the full year. The consensus estimates are for EPS of $0.87 and $3.15.

Oxford Industries has been rising steadily since the open of trade Friday and is now up 3.79 at $77.69. The stock has rebounded to a 1-week high and has re-crossed its 50-day moving average.

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by RTT Staff Writer

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