Published on 29 Mar 2024 on Zacks via Yahoo Finance
J.Jill, Inc. (JILL) Hits Fresh High: Is There Still Room to Run?
Have you been paying attention to shares of J.Jill (JILL)? Shares have been on the move with the stock up 27.9% over the past month. The stock hit a new 52-week high of $32.96 in the previous session. J.Jill has gained 24% since the start of the year compared to the 10.7% move for the Zacks Retail-Wholesale sector and the 19.1% return for the Zacks Retail - Apparel and Shoes industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on March 20, 2024, J.Jill reported EPS of $0.23 versus consensus estimate of $-0.01 while it beat the consensus revenue estimate by 1.28%.