What To Expect From Delta Apparel, Inc. ($DLA) 4Q20 Earnings

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Delta Apparel, Inc. (AMEX:DLA) is set to announce fourth quarter earning results on Thursday 19th November 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, DLA to report 4Q20 income of $ 0.55 per share.

For the full year, analysts anticipate top line of $ 381.50 million, while looking forward to income of $ 0.85 per share bottom line.

The Company Outlook

Revenue for 4Q20 are expected in a range of $ 116.00 million ~ $ 116.00 million

Click Here For More Historical Outlooks Of Delta Apparel, Inc.

Previous Quarter Performance

Delta Apparel, Inc. posted loss for the third quarter of $ 0.01 per share, from the revenue of $ 71.80 million. The quarterly revenues contracted 39.80 percent compared with the same quarter last year. The consensus estimates are loss of $ 3.45 per share from $ 72.10 million in revenue. The bottom line results beat street analysts by $ 3.44 or 99.71 percent, at the same time, top line results fell short of analysts by $ 0.3 million or 0.42 percent.

Stock Performance

Shares of Delta Apparel, Inc. traded up $ 0.62 or 3.34 percent on Wednesday, reaching $ 19.21 with volume of 25.30 thousand shares. Delta Apparel, Inc. has traded high as $ 19.30 and has cracked $ 18.48 on the downward trend

According to the previous trading day, closing price of $ 19.21, representing a 146.88 % increase from the 52 week low of $ 7.53 and a 41.37 % decrease over the 52 week high of $ 31.71.

The company has a market capital of $ 132.36 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.

Conference Call

Delta Apparel, Inc. will be hosting a conference call at 4:30 PM eastern time on 19th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 866-248-8441 Toll Free, (United States) or 323-289-6581 Outside U.S. 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.deltaapparelinc.com

Delta Apparel, Inc., through its subsidiaries, designs, manufactures, sources, and markets a portfolio of lifestyle active wear apparel and related accessory products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It markets, distributes, manufactures, and sells unembellished knit apparel under the Soffe, Delta Platinum, Delta Pro Weight, and Delta Magnum Weight brands to various large licensed screen printers and small independent businesses.