Oxford Industries (NYSE:OXM) will report earnings after the bell this Wednesday, following a slower quarter last year. Last quarter, the company beat revenue expectations by 2.1% with revenues of $392.9 million, down 1.3% year on year. Analysts expect a 3.3% decline in revenue to $406.1 million this quarter, with adjusted earnings of $1.18 per share. Despite missing Wall Street estimates five times in the last two years, analysts anticipate Oxford Industries to meet expectations this quarter. Peers like Figs and Kontoor Brands have reported positive results, hinting at what may come. Oxford Industries is down 1.1% over the past month, with an average analyst price target of $47.25.
Read more at Barchart: Oxford Industries (OXM) Reports Q2 Results Tomorrow