After Hours Notable Stocks Earnings: Men's Wearhouse, SHFL, AVAV
Notable Stock Earnings on Wednesday.
(EMAILWIRE.COM, September 09, 2010 )
Dallas, Tx - Shares of The Men's Wearhouse, Inc. (NYSE:MW) jumped about 2% in after hours after the company posted a higher than estimated profit in the fiscal second quarter.
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The company said that its new income improved to $42.5 million, or 80 cents a share, from $39.5 million, or 75 cents a share, in the year-earlier driven by sharp increase in Tuxedo rental sales. On an adjusted basis, the company earned of 83 cents a share in the latest quarter.
Revenue grew to $537 million from $526.2 million in the latest quarter.
Analysts were expecting the company report earnings of 77 cents per share on revenue of $535.01 million.
For the current quarter, the company projects adjusted earnings of 40 - 47 cents a share, topping analysts’ estimates of 41 cents a share.
Shuffle Master, Inc. (NASDAQ:SHFL) late Wednesday reported a higher than estimated third quarter profit.
The company said that it earned $5.8 million, or 11 cents per share, compared to profit of $5.6 million, or 10 cents per share, in the year-earlier period. On an adjusted basis, the company earned 13 cents per share during the quarter.
Revenue soared 14% to $51.5 million from $45.1 million.
Analysts were expecting the company to report earnings of 12 cents per share on revenue of $49.69 million
Shares of SHFL jumped 0.10% to $8.65.
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AeroVironment, Inc. (NASDAQ:AVAV) fell about 3.20% in late session after reported a worse than forecasted revenue in its fiscal first-quarter.
The company said that its loss narrowed to $3.44 million, or 16 cents per share, compared with a loss of $3.59 million, or 17 cents per share, in the comparable quarter last year.
Revenues grew 1% to $38.23 million.
Analysts were eying the company to post a loss of 23 cents per share on revenue of $39.32 million.
For the fiscal year 2011, the company sees sales to grow between 10% - 15%, and slashed its operating income margin outlook to a range of 10% to 12% of revenue.
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Dallas, Tx - Shares of The Men's Wearhouse, Inc. (NYSE:MW) jumped about 2% in after hours after the company posted a higher than estimated profit in the fiscal second quarter.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
The company said that its new income improved to $42.5 million, or 80 cents a share, from $39.5 million, or 75 cents a share, in the year-earlier driven by sharp increase in Tuxedo rental sales. On an adjusted basis, the company earned of 83 cents a share in the latest quarter.
Revenue grew to $537 million from $526.2 million in the latest quarter.
Analysts were expecting the company report earnings of 77 cents per share on revenue of $535.01 million.
For the current quarter, the company projects adjusted earnings of 40 - 47 cents a share, topping analysts’ estimates of 41 cents a share.
Shuffle Master, Inc. (NASDAQ:SHFL) late Wednesday reported a higher than estimated third quarter profit.
The company said that it earned $5.8 million, or 11 cents per share, compared to profit of $5.6 million, or 10 cents per share, in the year-earlier period. On an adjusted basis, the company earned 13 cents per share during the quarter.
Revenue soared 14% to $51.5 million from $45.1 million.
Analysts were expecting the company to report earnings of 12 cents per share on revenue of $49.69 million
Shares of SHFL jumped 0.10% to $8.65.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
AeroVironment, Inc. (NASDAQ:AVAV) fell about 3.20% in late session after reported a worse than forecasted revenue in its fiscal first-quarter.
The company said that its loss narrowed to $3.44 million, or 16 cents per share, compared with a loss of $3.59 million, or 17 cents per share, in the comparable quarter last year.
Revenues grew 1% to $38.23 million.
Analysts were eying the company to post a loss of 23 cents per share on revenue of $39.32 million.
For the fiscal year 2011, the company sees sales to grow between 10% - 15%, and slashed its operating income margin outlook to a range of 10% to 12% of revenue.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert offers stock newsletters on various hot stocks of the day. Our stock news on top stocks, small cap penny stocks and other stocks, help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily penny stock alerts. You can become leader in stock market by keeping track of the daily activity.
Disclaimer:
The assembled information disseminated by PennyStockPickAlert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. PennyStockPickAlert.com does expect that investors will buy and sell securities based on information assembled and presented in PennyStockPickAlert.com. PLEASE always do your own due diligence, and consult your financial advisor.
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Email us
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