Iconix Brand Group (ICON) to Release Earnings on Wednesday

Iconix Brand Group (NASDAQ:ICON) is set to post its quarterly earnings results on Wednesday, March 14th. Analysts expect Iconix Brand Group to post earnings of ($0.01) per share for the quarter.

Iconix Brand Group (NASDAQ:ICON) last posted its quarterly earnings data on Friday, December 22nd. The brand management company reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. The company had revenue of $53.17 million for the quarter, compared to analyst estimates of $53.20 million. Iconix Brand Group had a positive return on equity of 17.65% and a negative net margin of 311.99%. On average, analysts expect Iconix Brand Group to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Iconix Brand Group (ICON) traded up $0.06 during trading on Tuesday, reaching $1.33. The company’s stock had a trading volume of 1,806,811 shares, compared to its average volume of 2,670,719. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of -5.92. The firm has a market capitalization of $73.23, a price-to-earnings ratio of -0.09 and a beta of 1.08. Iconix Brand Group has a one year low of $1.10 and a one year high of $8.30.

Several equities analysts have recently issued reports on the company. ValuEngine raised Iconix Brand Group from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research lowered Iconix Brand Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Finally, Roth Capital set a $2.00 price target on Iconix Brand Group and gave the company a “hold” rating in a research note on Thursday, December 7th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $5.00.

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Iconix Brand Group Company Profile

Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.

Earnings History for Iconix Brand Group (NASDAQ:ICON)

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