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The Market Wrap for July 10: China Powers Stocks
The Market Wrap for July 10: China Powers Stocks
Before the opening bell on Friday, Buckle (BKE ) reported higher fourth quarter profits, which came in above analysts’ estimates.
BKE’s Earnings in Brief
- The retailer reported earnings of $60.13 million, or $1.25 per share, up from $59.30 million, or $1.23 per share, last year.
- Revenue increased to $353.54 million from $339.00 million.
- On average, analysts expected to see EPS of $1.24 and $353.50 million in revenue.
- Comparable sales grew by 1.1% from the year prior.
BKE’s Dividend
BKE paid its last 23 cent dividend on January 27. We expect the company to declare its next dividend in the coming weeks.
Stock Performance
Shares of BKE were down 23 cents, or 0.47% during premarket trading Friday. YTD, the stock is down 7.12%.
The Bottom Line
Buckle (BKE ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
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