Wolverine Worldwide Reports Third-Quarter 2015 Earnings In Line With Guidance
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Go back to Wolverine Worldwide Reports Third-Quarter 2015 Earnings In Line With Guidance
October 21, 2015 7:09 AM EDT
Sterne Agee CRT downgraded Wolverine World Wide (NYSE: WWW) from Neutral to Underperform with a price target of $16.00, saying the outlook appears far worse than expected.
Analyst Sam Poser commented, "Downgrading WWW to Underperform and establishing a $16 PT. Weak domestic businesses, FX... More
October 20, 2015 1:38 PM EDT
Piper Jaffray reiterated a Neutral rating and $19.00 price target on Wolverine World Wide (NYSE: WWW) as muted visibility follow the company's 3Q15 earnings results. Sales guidance was cut significantly for Q4, and management is assuming roughly one-third of its sales to be re-orders against overall lower demand. For Q4, management... More
October 20, 2015 6:36 AM EDT
Wolverine World Wide (NYSE: WWW) reported Q3 EPS of $0.48, in-line with the analyst estimate of $0.48. Revenue for the quarter came in at $678.9 versus the consensus estimate of $681.26 million.
Wolverine World Wide sees FY2015 EPS of $1.44-$1.47, versus the consensus of $1.48.
For earnings... More
