Cherokee (CHKE) Scheduled to Post Earnings on Thursday

Cherokee (NASDAQ:CHKE) will post its quarterly earnings results after the market closes on Thursday, July 5th.

Cherokee (NASDAQ:CHKE) last released its quarterly earnings results on Thursday, June 14th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.11). Cherokee had a negative net margin of 148.80% and a negative return on equity of 21.36%. The business had revenue of $5.40 million during the quarter, compared to analysts’ expectations of $5.22 million. During the same quarter last year, the business posted ($0.07) earnings per share. On average, analysts expect Cherokee to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cherokee opened at $0.57 on Tuesday, MarketBeat.com reports. Cherokee has a one year low of $0.50 and a one year high of $7.75. The stock has a market capitalization of $7.81 million, a price-to-earnings ratio of -0.80 and a beta of 1.07.

Several research analysts have recently issued reports on CHKE shares. Zacks Investment Research cut Cherokee from a “buy” rating to a “hold” rating in a research note on Thursday, May 3rd. Roth Capital set a $2.00 price objective on Cherokee and gave the stock a “buy” rating in a research note on Sunday, April 22nd. Finally, ValuEngine upgraded Cherokee from a “hold” rating to a “buy” rating in a research note on Tuesday, June 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Cherokee presently has an average rating of “Hold” and a consensus price target of $9.58.

About Cherokee

Cherokee Inc markets, manages, and licenses fashion and lifestyle brands for apparel, footwear, home products, and accessories worldwide. It owns or licenses Cherokee, Hi-Tec, Magnum, 50 Peaks, Interceptor, Hawk Signature, Tony Hawk, Liz Lange, Completely Me by Liz Lange, Flip Flop Shops, Everyday California, Carole Little, Sideout, Saint Tropez-West, Chorus Line, All That Jazz, Sideout Sport, and other brands.

Earnings History for Cherokee (NASDAQ:CHKE)

Receive News & Ratings for Cherokee Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cherokee and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply