Oxford Industries Inc (OXM) revealed earnings for first quarter that decreased from last year in line with the Street estimates.
The company's earnings came in at $26.18 million, or $1.70 per share. This compares with $38.37 million, or $2.42 per share, last year.
Excluding items, Oxford Industries Inc reported adjusted earnings of $28 million or $1.82 per share for the period.
Analysts on average had expected the company to earn $1.82 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.3% to $392.861 million from $398.184 million last year.
Oxford Industries Inc earnings at a glance (GAAP) :
-Earnings: $26.18 Mln. vs. $38.37 Mln. last year.
-EPS: $1.70 vs. $2.42 last year.
-Revenue: $392.861 Mln vs. $398.184 Mln last year.
-Guidance:
Next quarter EPS guidance: $1.05 - $1.25
Next quarter revenue guidance: $395 - $415 Mln
Full year EPS guidance: $2.80 - $3.20
Full year revenue guidance: $1.475 - $1.515 Bln
For comments and feedback: editorial@rttnews.com