Friday Earnings Roundup: MAIN; NCT; AMPE; FOE; MDVN
Financial shares were mixed in the pre-market session Friday as a few financial institutions reported earnings. In financial stocks news, Main Street Capital (NYSE:MAIN) reported net income for Q4 of $57 per share, up from 26% a year prior. And, Chambers Street Properties (CSG) reported Q4 FFO of $0.17 per share, edging past the Street view of $0.16 per share. Revenue of $65.23 million was … Continue reading Friday Earnings Roundup: MAIN; NCT; AMPE; FOE; MDVN
Pre-Market Watchlist: DRQ, CGEN, OVTI, BVN, AMAP
Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax foreign exchange loss of $2.3 million, or $0.06 per diluted … Continue reading Pre-Market Watchlist: DRQ, CGEN, OVTI, BVN, AMAP
Deckers Shares Tumble in Pre-Market Trading
Shares of footwear maker Deckers Outdoor Corp. (NASDAQ:DECK) have tumbled 15.79% to $71.30 in the pre-market session after the company reported projected earnings that fell below analyst expectations. DECK forecast a loss of $0.16 per share for the first quarter of 2014, while analysts were expecting a profit of $0.11 per share, according to analysts polled by Capital IQ. The company said that opening 28 … Continue reading Deckers Shares Tumble in Pre-Market Trading
Notable Analyst Upgrades: Workday (NYSE:WDAY), China Petroleum & Chemical (NYSE:SNP), Teekay (NYSE:TK), Cara Therapeutics (NASDAQ:CARA), J.C. Penney Company, Inc. (NYSE:JCP)
Shares of Workday (NYSE:WDAY), which provides cloud-based applications for financial management and human resources, have advanced 15% to a record high of $116.47 Thursday after the company reported better-than-expected revenue a day earlier. WDAY said that Q4 revenue rose 74% in the latest quarter to $141.9 million, beating Street estimates of $138 million. In addition, the company has acquired Identified, a developer of HR analytics … Continue reading Notable Analyst Upgrades: Workday (NYSE:WDAY), China Petroleum & Chemical (NYSE:SNP), Teekay (NYSE:TK), Cara Therapeutics (NASDAQ:CARA), J.C. Penney Company, Inc. (NYSE:JCP)
Pre-Market Movers: Orient-Express Hotels Ltd. (NYSE:OEH), Kaman Corporation (NYSE:KAMN), Mattel, Inc. (NASDAQ:MAT)
Luxury hotel company Orient-Express Hotels Ltd. (NYSE:OEH) reported late on Thursday Q4 2013 adjusted net loss of $8.4 million, or $0.08 per share, compared to adjusted net loss of $9.8 million, or $0.10 per share, a year earlier. On average, analysts surveyed by Capital IQ had expected a loss of $0.04 per share. Revenue increased 9% year-over-year to $138 million from $126.5 million after hotels … Continue reading Pre-Market Movers: Orient-Express Hotels Ltd. (NYSE:OEH), Kaman Corporation (NYSE:KAMN), Mattel, Inc. (NASDAQ:MAT)
After-Hours Reports: Deckers (DECK) Guidance Disappoints, MercadoLibre (MELI) and Air Lease (AL) Top Expectations
Deckers (NASDAQ:DECK) declined in Thursday’s night trade after topping Q4 expectations but also issuing a weaker than expected view for Q1. DECK slumped to an early after-hours low of 68 before firming to still negative levels of 77.09 to 73.23 through the bulk of night trade. A pre-bell open Friday may have legs surrounding the 74 mark. A potential near-term ceiling level formed Thursday night … Continue reading After-Hours Reports: Deckers (DECK) Guidance Disappoints, MercadoLibre (MELI) and Air Lease (AL) Top Expectations