Michaels Cos. (MIK) Tops Q3 EPS by 1c

Michaels Cos. (NASDAQ: MIK) reported Q3 EPS of $0.37, $0.01 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $984.91 million.

GUIDANCE:

Michaels Cos. sees FY2016 EPS of $1.68-$1.71, versus the consensus of $1.71.

For earnings history and earnings-related data on Michaels Cos. (MIK) click here.

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