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National Vision: 2Q Earnings Snapshot

August 6, 2019

DULUTH, Ga. (AP) _ National Vision Holdings Inc. (EYE) on Tuesday reported second-quarter profit of $10.3 million.

On a per-share basis, the Duluth, Georgia-based company said it had net income of 13 cents. Earnings, adjusted for one-time gains and costs, came to 20 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The discount optical retailer and eye care provider posted revenue of $429.5 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $421.1 million.

National Vision expects full-year revenue in the range of $1.68 billion to $1.71 billion.

National Vision shares have increased almost 3% since the beginning of the year. The stock has dropped 29% in the last 12 months.

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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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