NEW YORK (TheStreet) -- Pacific Sunwear of California
(PSUN) reported second quarter revenue of $211.7 million, ahead of analysts estimates of $208.5 million, and posted a net loss of 3 cents per diluted share that was in line with analysts expectations for the quarter.
The company also set third quarter EPS guidance between a loss of 9 cents per share and a loss of 4 cents per diluted share.
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TheStreet Ratings team rates PACIFIC SUNWEAR CALIF INC as a Sell with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:"We rate PACIFIC SUNWEAR CALIF INC (PSUN) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself." Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: PSUN Ratings Report
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