Tuesday Morning (TUES) Reviews Q1 Loss, Misses Income Estimates

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Tuesday Morning (TUES) Reviews Q1 Loss, Misses Income Estimates

Tuesday Morning (TUES) got here out with a quarterly lack of $0.21 per share versus the Zacks Conse


Tuesday Morning (TUES) got here out with a quarterly lack of $0.21 per share versus the Zacks Consensus Estimate of a lack of $0.18. This compares to lack of $0.18 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -16.67%. 1 / 4 in the past, it was anticipated that this house equipment retailer would put up a lack of $0.31 per share when it truly produced a lack of $0.27, delivering a shock of 12.90%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates thrice.

Tuesday Morning, which belongs to the Zacks Retail – Low cost Shops business, posted revenues of $224.44 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 1.29%. This compares to year-ago revenues of $227.31 million. The corporate has topped consensus income estimates simply as soon as during the last 4 quarters.

The sustainability of the inventory’s quick value motion based mostly on the…



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