Investors are increasingly turning their attention to dividend stocks as a reliable income source amid turbulent market conditions. The focus on generating consistent returns has intensified as economic uncertainties make fixed income streams more appealing.
Oxford Industries, Inc. (NYSE:OXM) will release earnings results for the second quarter, after the closing bell on Wednesday, Sept. 10.
Analysts expect the company to report quarterly earnings at $1.18 per share, down from $2.77 per share in the year-ago period. Oxford Industries is projected to report quarterly revenue of $406.12 million, compared to $419.89 million a year earlier, according to data from Benzinga Pro.
On Sept. 5, Telsey Advisory Group analyst Dana Telsey maintained Oxford Industries with a Market Perform rating and maintained a $52 price target.
With the recent buzz around Oxford Industries, some investors may be eyeing potential gains from …