Maidenform Brands (MFB) Announces Quarterly Results
Maidenform Brands (NYSE: MFB) released its earnings data on Wednesday. The company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $135.10 million for the quarter, compared to the consensus estimate of $133.43 million. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. Maidenform Brands updated its Q1 guidance to ($0.10)-(0.05) EPS and its FY13 guidance to $1.20-1.30 EPS.
On a related note, analysts at Zacks upgraded shares of Maidenform Brands from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, January 14th. They now have a $20.10 price target on the stock.
Shares of Maidenform Brands (MFB) traded down 9.39% during mid-day trading on Wednesday, hitting $16.88. Maidenform Brands (MFB) has a 52 week low of $16.94 and a 52 week high of $26.37. The stock’s 50-day moving average is currently $19.51. The company has a market cap of $397.9 million and a P/E ratio of 17.56.
Maidenform Brands, Inc. designs, sources and markets a range of intimate apparel products, including bras, panties and shapewear.
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