Vera Bradley Inc VRA:NASDAQ

Last Price$5.97NASDAQ Closing Price as of 4:00PM ET 5/20/22
NASDAQ 15-minute delayed Bid/Ask Quotes
Today's Change-0.09(1.49%)
Bid (Size)$5.88 (49)
Ask (Size)$6.19 (1)
Day Low / High$5.87 - 6.21
Volume598.0 K

Correction: Vera Bradley Fiscal Q3 Non-GAAP Net Income Down, Revenue Rises

9:44AM ET 12/08/2021 MT Newswires
(Corrects last paragraph to note fiscal Q4 earnings projection, and analysts' expectation, is for non-GAAP figure)

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