Coldwater Creek Inc. (CWTR) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of ($0.55)-($0.65) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.50).

Coldwater Creek Inc. (CWTR) traded up 4.28% on Wednesday, hitting $4.87. Coldwater Creek Inc. (CWTR) has a 1-year low of $1.80 and a 1-year high of $5.20. The company’s market cap is $148.5 million.

Coldwater Creek last released its earnings data on Wednesday, November 28th. The company reported ($0.45) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.75) by $0.30. The company had revenue of $188.10 million for the quarter, compared to the consensus estimate of $180.76 million. During the same quarter in 2011, the company posted ($0.31) earnings per share. Coldwater Creek’s revenue was up .3% compared to the same quarter last year. Analysts expect that Coldwater Creek Inc. (CWTR) will post $-2.61 EPS for the current fiscal year.

A number of research firms have also recently commented on CWTR. Analysts at Piper Jaffray upgraded shares of Coldwater Creek from a neutral rating to an overweight rating in a research note to investors on Monday, October 1st. They now have a $2.00 price target on the stock, up previously from $1.00.

Coldwater Creek Inc. (Coldwater) is a national specialty retailer of women’s apparel, accessories, jewelry and gift items sold under the Coldwater Creek brand.

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