Conn's, Inc. (NASDAQ:CONN) is reporting second quarter financial results on Thursday 3rd September 2020, before market open.
According to analysts surveyed by Thomson Reuters, CONN is expected to report 2Q21 loss of $ 0.13 per share from revenue of $ 377.68 million.
For the full year, analysts anticipate top line of $ 1435.05 million, while looking forward to loss of $ 2.13 per share bottom line.
Previous Quarter Performance
Conn's, Inc. unfold loss for the first quarter of $ 1.89 per share, from the revenue of $ 317.16 million. The quarterly revenues dropped 13.66 percent compared with the same quarter last year. Street analysts expected Conn's, Inc. to report loss of $ 0.32 per share on revenue of $ 309.86 million for the first quarter. The bottom line results missed street analysts by $ 1.57 or 490.63 percent, at the same time, top line results outshined analysts by $ 7.30 million or 2.36 percent.
Stock Performance
Shares of Conn's, Inc. traded low $ -0.24 or -1.71 percent on Wednesday, reaching $ 13.50 with volume of 268.40 thousand shares. The stock opened positive for the day at $ 13.77, after closing the previous day trading at $ 13.73.
According to the previous trading day, closing price of $ 13.73, representing a 385.16 % increase from the 52 week low of $ 2.83 and a 50.2 % decrease over the 52 week high of $ 27.57.
The company has a market capital of $ 391.64 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Conn's, Inc. will be hosting a conference call at 11:00 AM eastern time on 3rd September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.conns.com
Conns, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. It operates through two segments, Retail and Credit.
