National Vision (EYE) Set to Announce Quarterly Earnings on Wednesday

National Vision (NASDAQ:EYE - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. National Vision has set its FY 2024 guidance at 0.500-0.650 EPS and its FY24 guidance at $0.50-$0.65 EPS.Investors that are interested in registering for the company's conference call can do so using this link.

National Vision (NASDAQ:EYE - Get Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.07. The business had revenue of $506.40 million during the quarter, compared to analyst estimates of $499.49 million. National Vision had a negative net margin of 3.10% and a positive return on equity of 3.69%. The company's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.11) EPS. On average, analysts expect National Vision to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

National Vision Stock Up 1.6 %

Shares of National Vision stock traded up $0.28 during trading on Wednesday, hitting $17.70. The company's stock had a trading volume of 1,286,605 shares, compared to its average volume of 968,675. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.70 and a current ratio of 1.00. The company has a fifty day simple moving average of $20.98 and a two-hundred day simple moving average of $19.72. The company has a market capitalization of $1.39 billion, a PE ratio of -20.82, a P/E/G ratio of 3.97 and a beta of 1.39. National Vision has a 52 week low of $13.71 and a 52 week high of $27.02.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group increased their price target on shares of National Vision from $18.00 to $20.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 28th. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $23.86.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.