Buckle Earnings: Everything You Must Know Now

Buckle Inc. (NYSE:BKE) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

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Buckle Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 1.27% to $0.78 in the quarter versus EPS of $0.79 in the year-earlier quarter.

Revenue: Rose 2.25% to $269.7 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Buckle Inc. reported adjusted EPS income of $0.78 per share. By that measure, the company missed the mean analyst estimate of $0.82. It missed the average revenue estimate of $272.48 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue decreased 25.21% from $360.62 million in the previous quarter. EPS decreased 39.06% from $1.28 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.51 to a profit $0.52. For the current year, the average estimate has moved up from a profit of $3.52 to a profit of $3.57 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)