Vera Bradley Announces Fiscal First Quarter 2019 Results
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Vera Bradley (VRA) PT Raised to $13 at Cowen Following 1Q
June 7, 2018 9:36 AM EDTCowen raised its price target on Vera Bradley (NASDAQ: VRA) to $13.00 (from $10.00) while maintaining a Market Perform rating following the company's 1Q. 1Q EPS beat of ($0.04) vs. Street's ($0.10) was driven by +HSD% increase in full-price selling across full-line stores and e-commerce as well as... More
Vera Bradley (VRA) Tops Q1 EPS by 1c, Revenues Miss; Boosts FY EPS Outlook
June 6, 2018 8:04 AM EDTVera Bradley (NASDAQ: VRA) reported Q1 EPS of ($0.09), $0.01 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $86.6 million versus the consensus estimate of $88.25 million.
For the second quarter of fiscal 2019 the Company expects:
Revenue of $127 to $128 million on both a GAAP and non-GAAP basis.
Net loss per share of $0.16 to $0.17 and non-GAAP net loss per share of $0.05 to $0.06.
Based on first quarter fiscal 2019 performance and current business trends, the Company has updated its guidance for the full fiscal year 2019. The Company now expects:
Comments on First Quarter... More
