Vera Bradley (NASDAQ:VRA) Releases Earnings Results, Misses Expectations By $0.40 EPS

Vera Bradley (NASDAQ:VRA) posted its earnings results on Wednesday. The textile maker reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.40), Zacks reports. Vera Bradley had a negative return on equity of 2.74% and a negative net margin of 4.21%.

Vera Bradley Stock Performance

Shares of VRA stock opened at $2.34 on Wednesday. Vera Bradley has a fifty-two week low of $2.06 and a fifty-two week high of $8.33. The firm has a market cap of $64.74 million, a P/E ratio of -3.77 and a beta of 1.99. The business’s 50 day moving average price is $3.48 and its 200-day moving average price is $4.52.

About Vera Bradley

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.