Cato (CATO) Scheduled to Post Quarterly Earnings on Thursday

Cato (NYSE:CATO) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 24th. Analysts expect the company to announce earnings of $0.87 per share for the quarter.

Cato (NYSE:CATO) last released its quarterly earnings data on Thursday, March 22nd. The specialty retailer reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.46. The company had revenue of $213.01 million during the quarter. Cato had a net margin of 1.00% and a return on equity of 5.87%.

Cato opened at $17.70 on Wednesday, MarketBeat Ratings reports. The stock has a market capitalization of $447.64 million, a price-to-earnings ratio of 22.85 and a beta of 0.69. Cato has a 1 year low of $10.76 and a 1 year high of $22.14.

Separately, ValuEngine cut shares of Cato from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd.

About Cato

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce Websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags.

Earnings History for Cato (NYSE:CATO)

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