Earnings Forecast Research on Iconix Brand Group, Inc. (ICON)

Iconix Brand Group, Inc. has received $0.14 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.1 while the top line estimate is $0.19 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -42%.

Iconix Brand Group, Inc. reported better than expected with a surprise EPS of 18.75% or $0.03 during its most recent quarterly earnings. The Actual EPS was $0.19 compared to the Estimated EPS of $0.16. New York based Iconix Brand Group, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Mar 27, 2017.

Iconix Brand Group, Inc. has a Price to Earnings ratio of 7.94 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.67. For the Most Recent Fiscal Year, Iconix Brand Group, Inc. has a price to cash ratio of 4.44. For the Trailing twelve month period, company showed a Net Profit Margin of -57.88% and Return on Equity of the stock is 8.59%.

In the last quarter, Iconix Brand Group, Inc. reported Annual Earnings of $0.19. Based on the filings, last years Annual Earnings was, $1.33. In the last Quarter, ICON reported a surprise Earnings per Share of 18.75% . The consensus estimate for current quarter is $0.14 and for the current fiscal year, the estimate is $1.11. For the Next fiscal year, the estimate is $1 based on the consensus.

Iconix Brand Group, Inc. (NASDAQ:ICON) : On Tuesday heightened volatility was witnessed in Iconix Brand Group, Inc. (NASDAQ:ICON) which led to swings in the share price. The stock opened for trading at $9.79 and hit $10.48 on the upside , eventually ending the session at $10.29, with a gain of 4.47% or 0.44 points. The heightened volatility saw the trading volume jump to 1,300,437 shares. The 52-week high of the share price is $10.8 and the company has a market cap of $578 million. The 52-week low of the share price is at $6.115 .

Iconix Brand Group, Inc. is in the business of licensing the CANDIES, BONGO, BADGLEY MISCHKA and JOE BOXER trademarks on a variety of footwear, apparel and fashion products. Through its wholly owned subsidiary, Brightstar Footwear, Inc., the Company also arranges for the manufacture of footwear products for mass market and discount retailers under the private label brand of the retailer.


Share this post

Leave a Reply