Christopher & Banks Co. (CBK) Scheduled to Post Earnings on Tuesday

Christopher & Banks Co. (NYSE:CBK) will release its earnings data before the market opens on Tuesday, November 28th. Analysts expect Christopher & Banks Co. to post earnings of $0.02 per share for the quarter.

Christopher & Banks Co. (NYSE:CBK) last announced its quarterly earnings results on Tuesday, August 29th. The specialty retailer reported ($0.20) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.22) by $0.02. The business had revenue of $86.60 million during the quarter, compared to analyst estimates of $87.18 million. Christopher & Banks Co. had a negative net margin of 9.11% and a negative return on equity of 49.38%. Christopher & Banks Co.’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.11) EPS. On average, analysts expect Christopher & Banks Co. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Christopher & Banks Co. (NYSE CBK) opened at $1.25 on Tuesday. Christopher & Banks Co. has a one year low of $1.04 and a one year high of $2.42.

An institutional investor recently raised its position in Christopher & Banks Co. stock. Northern Trust Corp grew its position in shares of Christopher & Banks Co. (NYSE:CBK) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,505 shares of the specialty retailer’s stock after acquiring an additional 1,619 shares during the quarter. Northern Trust Corp owned 0.28% of Christopher & Banks Co. worth $140,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 40.25% of the stock is owned by institutional investors and hedge funds.

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A number of research firms have issued reports on CBK. Zacks Investment Research raised shares of Christopher & Banks Co. from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. ValuEngine raised shares of Christopher & Banks Co. from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 16th.

Christopher & Banks Co. Company Profile

Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes.

Earnings History for Christopher & Banks Co. (NYSE:CBK)

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