Will Regis Corporation ($RGS) Beat Analysts View?

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Regis Corporation (NYSE:RGS) hairstyling services firm, is expected to report fourth quarter earnings results, before market open, on Monday 31st August 2020.

Analysts polled by Thomson Reuters anticipate fourth quarter loss of $ 0.66 per share.

Looking ahead, the full year income are expected at $ 0.51 per share on the revenues of $ 666.88 million.

Previous Quarter Performance

Regis Corporation unwinded loss for the third quarter of $ 0.12 per share, from the revenue of $ 153.78 million. Wall street analysts are predicting, RGS to report 3Q20 loss of $ 0.20 per share from revenue of $ 163.75 million. The bottom line results beat street analysts by $ 0.08 or 40.00 percent, at the same time, top line results fell short of analysts by $ 9.97 million or 6.09 percent.

Stock Performance

Shares of Regis Corporation traded up $ 0.54 or 6.32 percent on Friday, reaching $ 9.08 with volume of 523.30 thousand shares. Regis Corporation has traded high as $ 9.10 and has cracked $ 8.44 on the downward trend

According to the previous trading day, closing price of $ 9.08, representing a 102.37 % increase from the 52 week low of $ 4.22 and a 63.3 % decrease over the 52 week high of $ 23.27.

The company has a market capital of $ 323.47 million and is part of the Consumer Cyclical sector and Personal Services industry.

Conference Call

Regis Corporation will be hosting a conference call at 10:00 AM eastern time on 31st August 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (800) 367-2403 (United States), with passcode : 9393529 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.regiscorp.com/investor-relations/quarterly-reports.html

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through two operating segments, Company-owned salons and Franchise salons. Its salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons, and Cost Cutters; and serve value and premium categories of services.