Vera Bradley Q1 Adj. EPS $(0.09) Beats $(0.20) Estimate, Sales $94.36M Miss $99.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vera Bradley reported Q1 adjusted losses of $(0.09) per share, beating the $(0.20) estimate by 55%. However, sales of $94.36M missed the $99.67M estimate by 5.33%. This represents a 52.63% increase in losses and a 4.16% decrease in sales compared to the same period last year.
June 07, 2023 | 12:03 pm
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Vera Bradley's Q1 adjusted losses beat estimates, but sales missed expectations. This indicates mixed performance for the company.
Vera Bradley's Q1 results show a mixed performance, with adjusted losses beating estimates by 55% but sales missing estimates by 5.33%. This could lead to a neutral short-term impact on the stock price, as the positive and negative aspects of the report may offset each other.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100