Checkpoint Systems (CKP) Misses Q2 EPS by 3c, Reaffirms FY Guidance, Announces $30M Buyback

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Go back to Checkpoint Systems (CKP) Misses Q2 EPS by 3c, Reaffirms FY Guidance, Announces $30M Buyback

Imperial Capital Cuts Price Target on Checkpoint Systems (CKP) Following EPS Miss

August 5, 2015 8:14 AM EDT

Imperial Capital maintained an Outperform rating on Checkpoint Systems (NYSE: CKP), and cut the price target to $13.00 (from $15.00), following 2Q15 results. CKP reported revenue of $148mn compared with $157M consensus. Adjusted EPS of $0.10 was below $0.13 consensus.

Analyst Jeff Kessler commented, "We are maintaining our... More