The Buckle, Inc. (NYSE:BKE) is reporting third quarter financial results on Friday 20th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, BKE is expected to report 3Q20 income of $ 0.54 per share from revenue of $ 232.62 million.
For the full year, analysts anticipate top line of $ 834.67 million, while looking forward to income of $ 1.92 per share bottom line.
Previous Quarter Performance
The Buckle, Inc. disclosed income for the second quarter of $ 0.34 per share, from the sales of $ 203.82 million. The quarterly earnings 6.25 percent while revenues developed 1.36 percent compared with the same quarter last year.
Street analysts expected The Buckle, Inc. to report income of $ 0.30 per share on revenue of $ 201.93 million for the second quarter. The bottom line results beat street analysts by $ 0.04 or 13.33 percent, at the same time, top line results outshined analysts by $ 1.89 million or 0.94 percent.
Stock Performance
Shares of The Buckle, Inc. traded up $ 1.24 or 4.50 percent on Thursday, reaching $ 28.81 with volume of 561.50 thousand shares. The Buckle, Inc. has traded high as $ 28.90 and has cracked $ 27.09 on the downward trend
According to the previous trading day, closing price of $ 28.81, representing a 134.44 % increase from the 52 week low of $ 11.76 and a 11.63 % decrease over the 52 week high of $ 31.20.
The company has a market capital of $ 1.42 billion and is part of the Consumer Cyclical sector and Apparel Stores industry.
The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.
