Buckle Inc. reported second-quarter earnings per share of $0.88, exceeding analyst expectations by $0.07 and marking a 9.1% increase from the prior-year period. Revenue totaled $319.8 million, topping the $314.1 million consensus estimate by 1.8%.
The company’s results contrast with two downward revisions to EPS estimates over the past 90 days, according to available data. Shares of Buckle (NYSE: BKE) closed at $42.64 on August 20, down 1.36% for the session, though the stock was indicated higher at $45.02 in pre-market trading on August 21.
Over the trailing three months, Buckle’s shares have declined 13.56%, extending a 24.10% drop over the past year. InvestingPro rated the company’s financial health as "good performance" following the report.
