Lowe’s (NYSE:LOW) reported Q4 earnings of $0.29, including $0.02 per share in charges, up from $0.26 per share in the year ago quarter. Sales were up 5.6% to $11.66 billion. The analyst consensus on Capital IQ called for earnings of $0.31 per share, excluding items, on sales of $11.67 billion. The company also approved a…
Sturm, Ruger & Company (NYSE:RGR) is lower in after hours trading after the company reported mixed financial results for Q4 and declared a quarterly dividend of $0.54 per share. Shares are down 4.91% at $65.01, with a 52-week range of $44.76 – $85.93. The firearms company reported Q4 earnings of $1.33 per share, compared with…
Stocks are back in rally-mode, with the S&P 500 index touching a new record high as mergers, Fed Chair Janet Yellen’s upcoming conclusion to her Humphrey-Hawkins testimony and the hope for accelerating global growth all fuel an impressive run-up in prices. Economic data today was again disappointing, but the financial markets have all but dismissed…
Envestnet is scheduled to report fourth-quarter results on Thursday, February 20, after markets close. At $42.45, the stock trades at 40 times 2015 adjusted EPS estimate, which excludes stock-based compensation expense and amortization of acquired intangibles. We believe upside over the long term could come from a combination of continued execution, potential growth acceleration if…
Last night, GSE Systems, Inc. (GVP) reported a good quarter, delivering contract revenue upside, in line GAAP EPS and relatively stable backlog in its 3Q13 earnings report. Despite posting a respectable performance, the company is still feeling the impact from stalled nuclear and non-nuclear simulator projects in the US, and from cancelled and delayed nuclear…
Manhattan Associates reported better than expected 3Q total revenue and EPS. License revenue was $1.7 million lighter than we expected, though the company made up the deficit on services. Investor sentiment was somewhat cautious heading into the print, resulting in the stock up marginally (1%- 3%) in after-hours trading. While MANH executed reasonably well, sluggish…
