$0.15 EPS Expected for Tailored Brands Inc (TLRD) This Quarter

Equities analysts expect Tailored Brands Inc (NYSE:TLRD) to announce $0.15 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Tailored Brands’ earnings, with the highest EPS estimate coming in at $0.16 and the lowest estimate coming in at $0.14. Tailored Brands posted earnings of $0.50 per share during the same quarter last year, which indicates a negative year over year growth rate of 70%. The business is expected to announce its next earnings report on Wednesday, June 12th.

According to Zacks, analysts expect that Tailored Brands will report full-year earnings of $1.91 per share for the current year, with EPS estimates ranging from $1.89 to $1.92. For the next year, analysts anticipate that the business will report earnings of $2.14 per share, with EPS estimates ranging from $2.12 to $2.16. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Tailored Brands.

Tailored Brands (NYSE:TLRD) last announced its quarterly earnings results on Wednesday, March 13th. The company reported ($0.28) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.01. The company had revenue of $785.76 million for the quarter, compared to analysts’ expectations of $801.24 million. Tailored Brands had a net margin of 2.57% and a negative return on equity of 1,944.45%. Tailored Brands’s quarterly revenue was down 8.6% on a year-over-year basis.

A number of brokerages have recently weighed in on TLRD. B. Riley cut shares of Tailored Brands from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $20.00 to $11.00 in a research report on Thursday, March 14th. Zacks Investment Research cut shares of Tailored Brands from a “hold” rating to a “sell” rating in a research report on Thursday, February 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $20.00.

In related news, insider Carrie Ann Ask acquired 13,500 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were acquired at an average cost of $7.41 per share, with a total value of $100,035.00. Following the transaction, the insider now owns 20,962 shares of the company’s stock, valued at approximately $155,328.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brian T. Vaclavik acquired 4,250 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The stock was bought at an average cost of $8.16 per share, for a total transaction of $34,680.00. Following the completion of the transaction, the chief accounting officer now directly owns 19,699 shares in the company, valued at approximately $160,743.84. The disclosure for this purchase can be found here. Insiders own 2.40% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Tailored Brands by 49.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,637 shares of the company’s stock valued at $50,000 after buying an additional 1,206 shares during the last quarter. Neuburgh Advisers LLC increased its stake in Tailored Brands by 17.4% in the 4th quarter. Neuburgh Advisers LLC now owns 5,600 shares of the company’s stock valued at $76,000 after buying an additional 832 shares during the last quarter. Cerebellum GP LLC increased its stake in Tailored Brands by 14,660.4% in the 4th quarter. Cerebellum GP LLC now owns 7,823 shares of the company’s stock valued at $107,000 after buying an additional 7,770 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Tailored Brands by 308.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,651 shares of the company’s stock valued at $117,000 after buying an additional 3,512 shares during the last quarter. Finally, 6 Meridian acquired a new stake in Tailored Brands in the 1st quarter valued at $135,000.

Shares of NYSE TLRD opened at $8.23 on Wednesday. The firm has a market cap of $412.99 million, a PE ratio of 3.56 and a beta of 1.70. Tailored Brands has a twelve month low of $7.36 and a twelve month high of $35.94. The company has a current ratio of 1.91, a quick ratio of 0.37 and a debt-to-equity ratio of 317.61.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 18th will be given a dividend of $0.18 per share. The ex-dividend date is Monday, June 17th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.75%. Tailored Brands’s dividend payout ratio is 31.17%.

About Tailored Brands

Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.

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Earnings History and Estimates for Tailored Brands (NYSE:TLRD)

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