Lands' End Expects Q1 Revenue Of $255M-$285M Vs. $283.97M Estimate, Projects Adjusted Loss Per Share Of $(0.30)-$(0.24) Vs. $(0.12) Estimate
Portfolio Pulse from Benzinga Newsdesk
Lands' End anticipates Q1 revenue to be between $255M-$285M, falling short of the $283.97M estimate. The company also projects an adjusted loss per share of $(0.30)-$(0.24), which is worse than the $(0.12) estimate.
March 27, 2024 | 10:53 am
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NEGATIVE IMPACT
Lands' End projects lower-than-expected Q1 revenue and a higher adjusted loss per share than anticipated.
The projected revenue and adjusted loss per share are both worse than market expectations, which can lead to negative investor sentiment and potentially lower stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100