Buckle Q1 EPS $0.69 Misses $0.74 Estimate, Sales $262.48M Miss $263.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Buckle (NYSE:BKE) reported Q1 earnings per share (EPS) of $0.69, missing the analyst consensus estimate of $0.74 by 6.76%. This represents a 19.77% decrease from the same period last year. Quarterly sales were $262.48 million, also missing the estimate of $263.64 million by 0.44%, and showing a 7.20% decrease from the previous year.
May 24, 2024 | 10:53 am
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Buckle (NYSE:BKE) reported Q1 EPS of $0.69, missing the analyst estimate of $0.74 by 6.76%. This is a 19.77% decrease from last year. Sales were $262.48 million, missing the estimate of $263.64 million by 0.44%, and down 7.20% from last year.
Buckle's Q1 earnings and sales both missed analyst estimates, with significant year-over-year declines in both metrics. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100