Vera Bradley (NASDAQ:VRA – Get Free Report) issued its earnings results on Wednesday. The textile maker reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.18), Yahoo Finance reports. Vera Bradley had a return on equity of 2.75% and a net margin of 0.19%. The company had revenue of $110.82 million for the quarter, compared to the consensus estimate of $129.53 million. During the same period in the prior year, the company earned $0.33 earnings per share. Vera Bradley updated its FY 2025 guidance to 0.100-0.100 EPS.
Vera Bradley Trading Up 0.8 %
NASDAQ VRA traded up $0.04 during mid-day trading on Friday, hitting $4.99. The company’s stock had a trading volume of 97,740 shares, compared to its average volume of 370,133. The firm has a market capitalization of $147.16 million, a price-to-earnings ratio of 35.36 and a beta of 1.89. The company’s 50 day simple moving average is $6.06 and its 200 day simple moving average is $6.62. Vera Bradley has a twelve month low of $4.38 and a twelve month high of $8.35.
Analysts Set New Price Targets
Separately, StockNews.com lowered Vera Bradley from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 13th.
Vera Bradley Company Profile
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.
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