Tailored Brands (TLRD) Releases Earnings Results, Beats Expectations By $0.06 EPS

Tailored Brands (TLRD) announced its most recent quarterly financial results on Wednesday, Sep-7-2016. TLRD said it had a profit of $0.99 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $0.93. The company posted revenue of $909.68 million in the period, compared to analysts expectations of $890.35 million. TLRD’s revenue was down -1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS.

Many Wall Street Analysts have commented on Tailored Brands. Tailored Brands was Upgraded by Johnson Rice to ” Accumulate” on Sep 1, 2016. Wunderlich Initiated Tailored Brands on Aug 2, 2016 to “Buy”, Price Target of the shares are set at $20.Shares were Reiterated by Mizuho on Jun 10, 2016 to “Neutral” and Lowered the Price Target to $ 14 from a previous price target of $17 .

In a different news, on Jun 16, 2016, David H Edwab (director) purchased 10,000 shares at $11.63 per share price. According to the SEC, on Jun 13, 2016, Bruce K Thorn (COO) purchased 21,600 shares at $11.52 per share price. On Jun 13, 2016, A Alexander Rhodes (EVP and General Counsel) purchased 8,700 shares at $11.62 per share price, according to the Form-4 filing with the securities and exchange commission.

Tailored Brands

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