LE - Lands' End jumps 4% after setting guidance ahead of consensus marks
Lands' End (LE) boosts guidance and provides an update on the company's long-term financial targets ahead of a CES presentation later today. The company expects to report Q4 revenue of $528M to $533M vs $512M consensus and EPS of $0.54 and $0.58 for the quarter vs. $0.48 consensus.Adjusted EBITDA of between $43M and $45M is anticipated.Lands' End sets long-term targets for revenue of $1.9B to $2.1B, representing a CAGR of 10% to 14% over the next three years.Source: Press ReleaseShares of Lands' End are up 4.15% premarket.Lands' End has topped revenue estimates nine of the last twelve quarters.
For further details see:
Lands' End jumps 4% after setting guidance ahead of consensus marks