Vera Bradley (VRA) Beats Q2 Earnings and Revenue Estimates

Vera Bradley reported quarterly earnings of $0.11 per share, significantly beating the consensus estimate of a loss of $0.08 per share, representing a 237.50% earnings surprise. The company also exceeded revenue expectations with $71.65 million, up from $70.86 million year-over-year. However, the stock received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market. The company's industry, Retail - Apparel and Shoes, ranks in the top 33% of Zacks industries.