Tuesday Morning Corp (NASDAQ: TUES) released its earnings data on Tuesday. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. The company had revenue of $285.30 million for the quarter, compared to the consensus estimate of $277.90 million. During the same quarter in 2012, the company posted $0.37 earnings per share. The company?s revenue for the quarter was up 4.5% on a year-over-year basis.
On the ratings front, analysts at Avondale Partners upgraded shares of Tuesday Morning Corp from a ?market perform? rating to an ?outperform? rating in a research note to investors on Monday, January 14th.
One equities research analyst has rated the stock with a buy rating, and one has assigned a hold rating to the company?s stock. Tuesday Morning Corp has an average rating of ?overweight? and a consensus target price of $5.00. Tuesday Morning Corp (TUES) traded up 3.36% on Tuesday, hitting $7.08. Tuesday Morning Corp (TUES) has a 1-year low of $3.12 and a 1-year high of $7.60. The stock?s 50-day moving average is currently $6.38. The company has a market cap of $299.5 million and a price-to-earnings ratio of 126.85. Tuesday Morning Corporation (Tuesday Morning) is a closeout retailer of decorative home accessories, housewares and famous-maker gifts in the United States.