Vera Bradley Inc reports results for the quarter ended April 30 - Earnings Summary

• Vera Bradley Inc VRA.OQ reported a quarterly adjusted loss of 36 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of -21 cents. The lone analyst forecast for the quarter was for a loss of 12 cents per share.

• Revenue fell 35.9% to $51.65 million from a year ago; analysts expected $53.48 million.

• Vera Bradley Inc shares had risen by 4.4% this quarter and lost 40.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is "hold."

• Wall Street's median 12-month price target for Vera Bradley Inc is $4.00

This summary was machine generated from LSEG data June 11 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)