Shutterfly Announces Second Quarter 2015 Financial Results

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Cantor Fitzgerald Raises Price Target on Shutterfly (SFLY) Following 2Q Results

July 30, 2015 7:37 AM EDT

Cantor Fitzgerald reiterated a Buy rating on Shutterfly Inc. (NASDAQ: SFLY), and raised the price target to $60.00 (from $59.00), following 2Q15 results. SFLY reported revenue of $183.9M vs. consensus $179.4M. GAAP EPS was ($0.63) vs. consensus' ($1.05). Management updated its FY outlook to $1,040-$1,060M in revenue,... More

Raymond James Downgrades Shutterfly Inc. (SFLY) to Market Perform

July 30, 2015 6:58 AM EDT

Raymond James downgraded Shutterfly Inc. (NASDAQ: SFLY) from Outperform to Market Perform and removed its price target (prior $51.00).

For an analyst ratings summary and ratings history on Shutterfly Inc. click here. For more ratings news on Shutterfly Inc. click here.

Shares of Shutterfly Inc. closed at $45.70 yesterday.

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Shutterfly (SFLY) Posts Smaller Q2 Loss, Guides Relatively In-Line

July 29, 2015 4:22 PM EDT

Shutterfly (NASDAQ: SFLY) reported Q2 EPS of ($0.56), $0.49 better than the analyst estimate of ($1.05). Revenue for the quarter came in at $183.9 million versus the consensus estimate of $179.34 million.

Shutterfly sees Q3 2015 EPS of ($1.42)-($1.32), versus the consensus of ($1.34). Shutterfly sees Q3 2015 revenue of $164.5-167.5 million,... More