DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — National Vision Holdings Inc. (EYE) on Wednesday reported first-quarter earnings of $14.2 million.
On a per-share basis, the Duluth, Georgia-based company said it had profit of 18 cents. Earnings, adjusted for one-time gains and costs, were 34 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The discount optical retailer and eye care provider posted revenue of $510.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $501.1 million.
National Vision expects full-year earnings in the range of 59 cents to 67 cents per share, with revenue in the range of $1.92 billion to $1.96 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EYE at https://www.zacks.com/ap/EYE
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