Regis (NYSE:RGS) Announces Earnings Results, Beats Expectations By $0.25 EPS

Regis (NYSE:RGS) issued its quarterly earnings results on Wednesday. The company reported ($1.03) EPS for the quarter, beating analysts’ consensus estimates of ($1.28) by $0.25, Zacks reports. The business had revenue of $49.18 million for the quarter. During the same quarter in the prior year, the firm earned ($1.00) EPS.

Regis Stock Performance

Shares of RGS stock traded up $0.11 on Friday, hitting $5.51. 7,795 shares of the company’s stock traded hands, compared to its average volume of 15,710. The stock has a market capitalization of $12.56 million, a price-to-earnings ratio of -2.78 and a beta of 1.78. The company’s fifty day simple moving average is $7.18 and its 200 day simple moving average is $8.76. Regis has a one year low of $5.16 and a one year high of $28.00.

About Regis

Regis Corporation owns and franchises hair care salons in North America. The company operates through two segments, Franchise Salons and Company-Owned Salons. Its salons provide haircutting; styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products.