Christopher & Banks Cuts Q4 Revenue Outlook

Christopher & Banks Cuts Q4 Revenue Outlook

Shares of Christopher & Banks were slumping pre-market Tuesday after the company lowered its Q4 revenue guidance below a single estimate provided by Capital IQ and named an interim CEO. The women’s apparel retailer expects Q4 net sales of $85 million to $86 million, down from a prior outlook for $93 million to $97 million, and below the $95.2 million single estimate, due to lower traffic, ongoing headwinds in women’s […]

Read More ˃
Infosys Fiscal Q3 Earnings Top Views By One Cent

Infosys Fiscal Q3 Earnings Top Views By One Cent

Infosys reported fiscal Q3 earnings per share edged up to $0.24 per share from $0.23 a year ago, topping the $0.23 average estimate from analysts polled by Capital IQ. Revenue in the quarter ended Dec. 31 rose to $2.55 billion from $2.41 billion, or to 17,273 crore from 15,092 crore, missing the 17,332 crore as expected by analysts. For the year ending March 31, Infosys said it now expects revenue […]

Read More ˃
MSC Industrial Fiscal Q1 Results Top Street Estimates

MSC Industrial Fiscal Q1 Results Top Street Estimates

MSC Industrial Direct Company, a provider of transportation services, reported Wednesday fiscal Q1 net income of $0.95 per share, up from $0.89 per share in the prior year period and higher than the $0.93 per share Street consensus provided by Capital IQ. Net sales for the quarter ended Dec. 3 were $686.3 million, down from $706.8 million reported for the same period last year, but still came in higher than […]

Read More ˃
Dana Reports FY16 Sales In Line With Street

Dana Reports FY16 Sales In Line With Street

Dana Inc. said pre-market Tuesday that FY16 preliminary sales approximated $5.8 billion, down about 4% from a year earlier but about in line with the $5.77 billion consensus compiled by Capital IQ. For FY17, the supplier of drivetrain and sealing technologies expects adjusted EPS of $1.75 to $1.85 on revenues of $5.8 billion to $6.0 billion, shy of the consensus for $1.87 on EPS and $6.03 billion on revenues. Including […]

Read More ˃
Commercial Metals Misses Fiscal Q1 Street View Earnings and Revenues

Commercial Metals Misses Fiscal Q1 Street View Earnings and Revenues

Commercial Metals Monday reported fiscal Q1 earnings and revenus below Street View, citing margin compression and other unrelated costs, The seller of steel, copper and other metals said earnings from continuing operations in the quarter ended Nov. 30 was $0.06 per share, below the $0.16 Street View as compiled by Capital IQ, and also below the $0.22 reported a year earlier. Commercial Metals reported Q1 revenues of $1.08 billion, below […]

Read More ˃