Wednesday, November 23, 2016

Medtronic (MDT) Dropped To A 7-Month Low After Q2 Revenues Missed

Medtronic (MDT) reported second quarter EPS of $1.12 Tuesday morning, up from $1.03 in the previous year. Revenue rose 4.1% to $7.35 billion from $7.06 billion last year. The consensus estimates were for EPS of $1.11 and revenues of $7.46 billion.

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Patterson Companies Inc. (PDCO) Sank After Q2 Profit Disappointed

Patterson Companies Inc. (PDCO) reported second quarter adjusted EPS of $0.56 Tuesday morning, which was flat with the prior year result. Analysts expected EPS of $0.60. The company also lowered its full year 2017 adjusted EPS forecast to between $2.25 and $2.35, from prior expectations of $2.60 to $2.70. Street expectations are for EPS of $2.64.

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Burlington Stores Inc. (BURL) Closed Challenging The Highs After Q3 Report

Burlington Stores Inc. (BURL) reported third quarter adjusted EPS of $0.51 Tuesday morning, up from $0.25 in the prior year. Street expectations were for EPS of $0.33. The company expects to report fourth quarter adjusted EPS of $1.63 to $1.67 and between $3.11 and $3.15 for the full year. The consensus estimates are for EPS of $1.69 and $2.98.

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Cracker Barrel Old Country Store (CBRL) Leaped After Strong Q1 Report

Cracker Barrel Old Country Store (CBRL) reported first quarter EPS of $2.01 Tuesday morning, up from $1.70 a year ago. Analysts expected EPS of $1.84. The company expects to report second quarter EPS of $2.05 to $2.15 and between $8.10 and $8.25 for the full year. The consensus estimates are for EPS of $2.09 and $8.13.

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Chico's FAS (CHS) Soared To A New High On Better Than Expected Q3 Earnings

Chico's FAS (CHS) reported third quarter EPS of $0.20 Tuesday morning, up from $0.13 in the prior year period. Analysts expected EPS of $0.13.

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Deere Q4 Profit Declines, But Results Beat View; Sees Lower Earnings In FY17

Agricultural machinery maker Deere & Co. (DE) on Wednesday reported a 19 percent decline in profit for the fourth quarter from last year as sales were hurt by continued weakness in global markets for farm and construction equipment.

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Movado Group (MOV) Surged To Nearly An 8-Month High After Q3 Earnings Beat

Movado Group (MOV) reported third quarter EPS of $0.91 Tuesday morning, compared to $0.92 in the prior year. Street expectations were for EPS of $0.72. Full year EPS is expected to be between $1.40 and $1.55. The consensus estimate is for EPS of $1.46.

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