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Bartosiak: Trading Buckle (BKE) Earnings with Options

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On Friday, March 10th, Buckle (BKE - Free Report) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of C.

Dave will look at Buckle’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Buckle ahead of earnings.

Buckle in Focus

Buckle, Inc. is a retailer of medium to better-priced casual apparel for young men and women. The company markets a wide selection of mostly brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. They emphasize personalized attention to their customers and provides individual customer services such as free alterations, free gift-wrapping, easy layaways and a frequent shopper program. Most stores are located in regional, high-traffic shopping malls, and this is their strategy for future expansion.

Buckle is expected to report earnings at $0.78 per share according to the Zacks Consensus Estimate. Last quarter they missed earnings expectations by -5.88%, missing estimates by -$0.03 a share. They were expected to report last quarter at $0.51 per share. They have an average earnings surprise of -3.60%

Buckle, Inc. (The) Price, Consensus and EPS Surprise

Buckle, Inc. (The) Price, Consensus and EPS Surprise | Buckle, Inc. (The) Quote

Bottom Line

How should investors play Buckle ahead of their earnings report? For insights on the best options trades, then tune in 1:00pm tomorrow to see David’s thoughts.

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