Vera Bradley Sees FY25 Revenue Of $460M - $480M Vs. $474.43M Est; EPS Of $0.54 - $0.62 Vs. $0.58 Est.
Portfolio Pulse from Benzinga Newsdesk
Vera Bradley has provided its financial guidance for FY25, projecting revenue between $460 million and $480 million, compared to the estimated $474.43 million. The company also expects EPS to be in the range of $0.54 to $0.62, versus the estimated $0.58.
June 12, 2024 | 12:05 pm
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Vera Bradley's FY25 revenue guidance of $460M-$480M is in line with estimates, while EPS guidance of $0.54-$0.62 is slightly above the $0.58 estimate.
The revenue guidance is within the expected range, which should maintain investor confidence. The EPS guidance being slightly above estimates is a positive indicator, likely to result in a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100