Pier 1 Imports (PIR) Declares $0.07 Quarterly Dividend; 3.2% Yield
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SunTrust Robinson Humphrey Cuts Price target on Pier 1 Imports (PIR) Following 3c EPS Miss
September 25, 2015 10:01 AM EDTSunTrust Robinson Humphrey maintained a Neutral rating on Pier 1 Imports (NYSE: PIR), and cut the price target to $10.00 (from $15.00), following the company's 2Q16 earnings results. PIR reported 2Q EPS of $0.04, well below the Streets $0.07 estimate.
Analyst David Magee commented, "PIR... More
Pier 1 Imports (PIR) Misses Q2 EPS by 3c; Guides Q3, FY16 EPS Below Consensus
September 24, 2015 4:07 PM EDTPier 1 Imports (NYSE: PIR) reported Q2 EPS of $0.04, $0.03 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $430 million versus the consensus estimate of $435.38 million.
Company comparable sales increased 2.5% (3.8% on a constant currency basis).
Pier 1 Imports sees FY2015 EPS of... More
