Vera Bradley (NASDAQ:VRA) Issues Quarterly Earnings Results, Misses Estimates By $0.40 EPS

Vera Bradley (NASDAQ:VRA) posted its quarterly earnings data on Wednesday. The textile maker reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.40), Zacks reports. Vera Bradley had a negative return on equity of 2.74% and a negative net margin of 4.21%.

Vera Bradley Trading Down 11.1 %

Shares of VRA stock traded down $0.30 during trading hours on Wednesday, reaching $2.42. The stock had a trading volume of 252,304 shares, compared to its average volume of 345,824. The stock’s fifty day simple moving average is $3.48 and its 200 day simple moving average is $4.52. The firm has a market capitalization of $67.07 million, a PE ratio of -4.16 and a beta of 1.99. Vera Bradley has a 12 month low of $2.06 and a 12 month high of $8.33.

About Vera Bradley

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.