Christopher & Banks (CBK) Issues Earnings Results, Misses Expectations By $0.13 EPS
Christopher & Banks (NYSE:CBK) posted its quarterly earnings data on Tuesday. The specialty retailer reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.13), RTT News reports. The company had revenue of $91.29 million for the quarter. Christopher & Banks had a negative return on equity of 62.02% and a negative net margin of 8.51%. During the same period in the previous year, the business earned ($0.05) EPS.
CBK opened at $0.39 on Thursday. The stock has a market capitalization of $14.98 million, a PE ratio of -0.67 and a beta of 3.25. Christopher & Banks has a twelve month low of $0.36 and a twelve month high of $1.37.
Several research firms have recently weighed in on CBK. Zacks Investment Research upgraded shares of Christopher & Banks from a “sell” rating to a “hold” rating in a research note on Monday, November 12th. ValuEngine downgraded shares of Christopher & Banks from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th.
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Christopher & Banks Corporation, through its subsidiaries, operates as a specialty retailer of private-brand women's apparel and accessories in the United States. The company designs and sells women's apparel and accessories to customers ranging in age from 40 and older. Its stores offer women's apparel consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite, and women sizes, as well as jewelry and accessories.
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