13 June: StockNews.com downgrades Vera Bradley's stock rating from strong-buy to hold; Q2 earnings miss estimates by $0.32 EPS.
StockNews.com lowered Vera Bradley's (NASDAQ:VRA) stock rating from strong-buy to hold, opening at $6.16 on 13 June. The textile maker reported Q2 earnings of -$0.21 EPS, missing estimates by $0.32, with a revenue of $80.60M vs. $94.76M expected. The company has a market cap of $181.66M, P/E ratio of 44.00, and beta of 1.94. Institutional investors' consensus EPS forecast for FY2021 is 0.58.
June 16, 2024
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