Investors Ride 3 Earnings Rollercoaster Rides
Jos. A Bank Clothiers Inc. (NASDAQ:JOSB) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 36.08% to $1.01 in the quarter versus EPS of $1.58 in the year-earlier quarter. Revenue Rose 2.43% to $354.7 million from the year-earlier quarter.
Jos. A Bank Clothiers Inc. reported adjusted EPS income of $1.01 per share. By that measure, the company beat the mean analyst estimate of $0.98. It missed the average revenue estimate of $368.5 million.