Jones Apparel Ahead of Earnings

Published on Tuesday, 27 July 2010 11:00 Written by Christopher Lynn

New York, July 27th (TradersHuddle.com) - Shares of Jones Apparel Group, Inc. (NYSE:JNY) are trading higher by +1.01% ahead of its quarterly earnings release. Jones Apparel, the apparel and footwear designer and marketer of brands like Nine West, Easy Spirit, Jones New York, and Evan-Picone is expected to release its quarterly results on July 28^th.

Wall Street Analysts consensus calls for a profit of $0.33 a share on $830.53 million revenue.

Jones Apparel estimates have a range of $0.12 a share. The high estimate calls for profit of $0.4 a share and the low estimate is calling for a profit of $0.28 a share, a year ago for the quarter the company reported $0.29 a share.

Jones Apparel Group, Inc. (NYSE:JNY) designs, markets, and wholesales a variety of branded apparel, footwear, and accessories including sportswear, jeanswear, suits, dresses, and footwear under such brands like Nine West, Easy Spirit, Jones New York, Anne Klein, and Evan-Picone. The Company also markets directly to consumers through a chain of specialty retail and value-based stores.