Home Earnings Preview A Sneak Peek At Vince Holding Corp. ($VNCE) 3Q20 Earnings

A Sneak Peek At Vince Holding Corp. ($VNCE) 3Q20 Earnings

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Vince Holding Corp. (NYSE:VNCE) is expected to report third quarter earnings results, after market close, on Monday 21st December 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.26 per share from revenue of $ 69.00 million.

Looking ahead, the full year loss are expected at $ 4.06 per share on the revenues of $ 227.20 million.

The Company Outlook

Revenue for 3Q20 are expected in a range of $ 69.00 million ~ $ 69.00 million

Click Here For More Historical Outlooks Of Vince Holding Corp.

Previous Quarter Performance

Vince Holding Corp. reported loss for the second quarter of $ 1.28 per share, from the revenue of $ 37.02 million. The quarterly revenues down 48.11 percent compared with the same quarter last year. Street analysts expected Vince Holding Corp. to report loss of $ 1.00 per share on revenue of $ 41.50 million for the second quarter. The bottom line results missed street analysts by $ 0.28 or 28 percent, at the same time, top line results fell short of analysts by $ 4.48 million or 10.8 percent.

Stock Performance

Shares of Vince Holding Corp. traded low $ -0.01 or -0.16 percent on Friday, reaching $ 6.40 with volume of 57.30 thousand shares. Vince Holding Corp. has traded high as $ 6.96 and has cracked $ 6.28 on the downward trend

According to the previous trading day, closing price of $ 6.40, representing a 102.85 % increase from the 52 week low of $ 3.16 and a 67.49 % decrease over the 52 week high of $ 19.72.

The company has a market capital of $ 75.49 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.

Conference Call

Vince Holding Corp. will be hosting a conference call at 4:30 PM eastern time on 21st December 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 833-392-0629 U.S., with passcode : 6757388 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.vince.com

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. The company operates in two segments, Wholesale and Direct-To-Consumer.

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Tara is an Intermediate. She joined SMI team as an intern to develop herself as a financial journalist. She is keen on the economic, as well as, the American equity markets. In case of any concern, mail your query to tara@stockmarketintellects.com