Stein Mart, Inc. (NASDAQ:SMRT) is set to announce its earnings results after the market closes on Wednesday, November 15th. Analysts expect the company to announce earnings of ($0.21) per share for the quarter.
Stein Mart (NASDAQ:SMRT) last issued its earnings results on Wednesday, August 16th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by ($0.08). Stein Mart had a negative net margin of 1.89% and a negative return on equity of 34.59%. The firm had revenue of $311.03 million during the quarter, compared to analyst estimates of $303.97 million. During the same quarter last year, the business posted $0.06 earnings per share. The company’s revenue for the quarter was down 2.7% on a year-over-year basis.
Shares of Stein Mart, Inc. (SMRT) opened at $0.99 on Tuesday. Stein Mart, Inc. has a one year low of $0.89 and a one year high of $6.93. The company has a quick ratio of 0.26, a current ratio of 1.78 and a debt-to-equity ratio of 2.70.
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About Stein Mart
Stein Mart, Inc is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store.
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