Summer Infant (SUMR) Misses Street's Q3 Views; Guides FY10, FY11

November 1, 2010 4:32 PM EDT Send to a Friend
Get Alerts SUMR Hot Sheet
Trade SUMR Now!
Summer Infant (Nasdaq: SUMR) reports Q3 EPS of $0.13, 1 cent lower than the analyst estimate of $0.14. Revenue for the quarter was $49.8 million, which compares to the estimate of $50.37 million.

Raises its FY10 sales guidance from at least $185 million to at least $190 million, vs. the consensus estimate of $190.85 million.

Sees FY11 sales of at least $220 million on EPS of at least 60c. Street looking for FY11 sales of $221.9 million on EPS of 68c.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Earnings, Guidance

Add Your Comment