Oxford Industries Sees FY21 Adj. EPS $7.52-$7.67 vs $6.71 Estimate, Sales $1.127B-$1.137B vs $1.11B Est.
Portfolio Pulse from Benzinga Newsdesk
Oxford Industries has raised its FY21 adjusted EPS guidance to $7.52-$7.67, surpassing the previous estimate of $6.71. The company also expects sales to be between $1.127 billion and $1.137 billion, exceeding the earlier estimate of $1.11 billion.
December 08, 2021 | 9:09 pm
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Oxford Industries has increased its FY21 adjusted EPS guidance to $7.52-$7.67, which is higher than the previous estimate of $6.71. Sales are also expected to exceed estimates, reaching $1.127B-$1.137B.
The upward revision in EPS and sales guidance indicates strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100