Vera Bradley (VRA) reported fiscal Q3 non-GAAP net income Wednesday of $0.18 per diluted share, compared with $0.30 a year earlier. Analysts polled by Capital IQ expected $0.26.
Revenue for the quarter ended Oct. 30 was $134.7 million, up from $124.8 million a year earlier. Analysts surveyed by Capital IQ expected $138.0 million.
For fiscal Q4, the company expects consolidated net revenue of $155 million to $160 million, up from $142.4 million a year earlier.
Analysts polled by Capital IQ expect $167 million.
Also for fiscal Q4, the company expects non-GAAP consolidated earnings of $0.24 to $0.29 per diluted share, down from $0.31 a year earlier. Four out of five analysts surveyed by Capital IQ expect $0.43.
Price: 8.18, Change: -1.93, Percent Change: -19.07
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