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Benzinga

Business

Avi Kapoor

Why Oxford Industries Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket

Oxford Industries OXM Nasdaq

Munich,,Bavaria,,Germany,-,March,31,2023:,Oxford,Industries,Excels

Shares of Oxford Industries, Inc. (NYSE:OXM) rose sharply in pre-market trading after the company reported better-than-expected second-quarter earnings results and raised its FY25 EPS guidance above estimates.

Oxford Industries reported quarterly earnings of $1.26 per share, which beat the analyst estimate of $1.18. Quarterly revenue came in $403.14 million, which missed the consensus estimate of $410.850 million.

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