Oxford Industries (NYSE:OXM) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.45-4.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.57. The company issued revenue guidance of $1.135-1.155 billion, compared to the consensus revenue estimate of $1.14 billion.Oxford Industries also updated its Q2 2019 guidance to $1.80-1.90 EPS.
Shares of Oxford Industries stock traded down $1.59 during trading hours on Wednesday, hitting $68.80. 431,545 shares of the company’s stock traded hands, compared to its average volume of 159,330. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 0.77. The company has a market capitalization of $1.19 billion, a PE ratio of 15.93, a P/E/G ratio of 1.55 and a beta of 0.49. Oxford Industries has a twelve month low of $63.50 and a twelve month high of $97.19.
Oxford Industries (NYSE:OXM) last announced its earnings results on Thursday, March 28th. The textile maker reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.02. The company had revenue of $298.54 million during the quarter, compared to the consensus estimate of $301.84 million. Oxford Industries had a return on equity of 15.73% and a net margin of 5.99%. The company’s revenue was up 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.93 earnings per share. On average, equities analysts expect that Oxford Industries will post 4.56 earnings per share for the current fiscal year.
Oxford Industries Company Profile
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
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