UBS AG Reiterates Neutral on Coldwater Creek (CWTR)

By admin | 6 years ago

Coldwater Creek (NASDAQ: CWTR)‘s stock had its “neutral” rating restated by equities researchers at UBS AG (NYSE: UBS) in a report issued on Thursday.

Shares of Coldwater Creek traded down 2.41% during mid-day trading on Thursday, hitting $0.81. Coldwater Creek has a 52 week low of $0.80 and a 52 week high of $3.07. The company’s market cap is $98K.

Coldwater Creek last announced its earnings results on Wednesday, May 30th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.01. The company’s revenue for the quarter was down 5.5% on a year-over-year basis. On average, analysts predict that Coldwater Creek will post $-0.17 earnings per share next quarter.

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

About the author