Christopher & Banks Earnings Preview
Christopher & Banks (NYS: CBK) will try to beat its earnings estimates for the fifth consecutive quarter. The company will unveil its latest earnings on Tuesday. Christopher & Banks operates retail stores selling women's apparel in the United States.
What analysts say:
- Buy, sell, or hold?: That rating hasn't budged in three months as analysts have remained steadfast in their opinion of the stock.
- Revenue forecasts: On average, analysts predict $94.3 million in revenue this quarter. That would represent a decline of 5.4% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is a loss of $0.47 per share.
What our community says:
CAPS All-Stars are solidly supporting the stock, with 93.9% giving it an outperform rating. Most of the community is in line with the All-Stars, with 86.6% awarding it a rating of outperform. Despite the majority sentiment in favor of Christopher & Banks, the stock has a middling CAPS rating of three out of five stars.
The company's gross margin shrank by 14.2 percentage points in the last quarter. Revenue rose 2.4% while cost of sales rose 25.2% to $97.1 million from a year earlier.
One final thing: If you want to keep tabs on Christopher & Banks movements, and for more analysis on the company, make sure you add it to your watchlist.
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At the time this article was published
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