Regis Corporation (NYSE:RGS) hairstyling services firm, is expected to report first quarter earnings results, before market open, on Monday 2nd November 2020.
Analysts polled by Thomson Reuters anticipate first quarter loss of $ 0.12 per share.
Looking ahead, the full year income are expected at $ 0.28 per share on the revenues of $ 526.16 million.
Previous Quarter Performance
Regis Corporation communicated loss for the fourth quarter of $ 1.01 per share, from the revenue of $ 60.14 million. The quarterly revenues reduced 75.77 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.66 per share from $ 51.15 million in revenue. The bottom line results missed street analysts by $ 0.35 or 53.03 percent, at the same time, top line results outshined analysts by $ 8.99 million or 17.58 percent.
Stock Performance
On Friday, shares of Regis Corporation has traded high as $ 5.76 and has cracked $ 5.36 on the downward trend, reaching $ 5.54 with volume of 468.10 thousand shares.
According to the previous trading day, closing price of $ 5.54, representing a 34.36 % increase from the 52 week low of $ 4.22 and a 72.1 % decrease over the 52 week high of $ 20.32.
The company has a market capital of $ 197.59 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 2nd November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.regiscorp.com
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.
