Cato Corporation (The) (NYSE:CATO) will be issuing its quarterly earnings data before the market opens on Thursday, November 16th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.
Cato Corporation (The) (NYSE:CATO) last issued its quarterly earnings results on Thursday, August 17th. The specialty retailer reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.14). The company had revenue of $207.00 million for the quarter, compared to analyst estimates of $209.50 million. Cato Corporation (The) had a return on equity of 4.37% and a net margin of 1.92%. The company’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.57 EPS.
Shares of Cato Corporation (NYSE CATO) opened at $13.15 on Wednesday. The stock has a market capitalization of $335.03, a P/E ratio of 21.13 and a beta of 1.12. Cato Corporation has a 12-month low of $12.20 and a 12-month high of $36.01.
In other Cato Corporation (The) news, Director Daniel Harding Stowe bought 7,000 shares of the business’s stock in a transaction on Tuesday, August 22nd. The stock was purchased at an average cost of $14.27 per share, for a total transaction of $99,890.00. Following the completion of the purchase, the director now directly owns 16,686 shares of the company’s stock, valued at $238,109.22. The acquisition was disclosed in a filing with the SEC, which is available at this link. 9.58% of the stock is owned by corporate insiders.
CATO has been the topic of a number of analyst reports. BidaskClub downgraded Cato Corporation (The) from a “sell” rating to a “strong sell” rating in a research report on Thursday, October 5th. TheStreet downgraded Cato Corporation (The) from a “c” rating to a “d+” rating in a research report on Thursday, August 17th.
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Cato Corporation (The) Company Profile
The Cato Corporation is a fashion specialty retailer. The Company’s merchandise lines include dressy, career, and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry, handbags, men’s wear and lines for kids and newborns. The Company has two segments: the operation of a fashion specialty stores segment (Retail Segment) and a credit card segment (Credit Segment).
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