Friday, May 20, 2016

Stage Stores Inc. (SSI) Dropped To A New Low After Q1 Loss Widened

Stage Stores Inc. (SSI) reported a first quarter adjusted loss of $0.56 Thursday morning, compared to the loss of $0.26 last year. Analysts expected a loss of $0.47. Full year EPS is expected to be between $0.20 and $0.40, down from prior expectations of $0.40 to $0.60. The consensus estimate is for EPS of $0.45.

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