Leerink Partners Cuts Price Target as Conmed (CNMD) Reports 6c EPS Miss

Go back to Leerink Partners Cuts Price Target as Conmed (CNMD) Reports 6c EPS Miss

After-Hours Movers 10/21: (OCLR) (TXN) (EBAY) Higher; (CYH) (NOW) (AXP) Lower (more...)

October 21, 2015 6:09 PM EDT

Oclaro (NASDAQ: OCLR) 20.4% HIGHER; reported preliminary results for its first quarter of fiscal year 2016. The Company announced that it expects first quarter results to exceed its previously provided financial guidance. The Company's financial guidance was last provided on August 4, 2015. For the first quarter of fiscal year 2016, Oclaro expects: Revenues to be approximately $87.5 million, at the high end of the range previously provided. (The Street sees $85.6 million.)

Community Health Systems (NYSE: CYH) 15.5% LOWER; announced preliminary financial and... More

Conmed (CNMD) Misses Q3 EPS by 6c, Lowers FY Outlook

October 21, 2015 4:23 PM EDT

Conmed (NASDAQ: CNMD) reported Q3 EPS of $0.38, $0.06 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $169.2 million versus the consensus estimate of $173.96 million.

Conmed sees FY2015 EPS of $1.65-$1.70, versus prior guidance of $1.82-$1.92 and the consensus of $1.83. Conmed... More

Trading Radar for 10/21: Coca Cola (KO), GM (GM), AmEx (AXP), Boeing (BA), Kimberly-Clark (KMB) Report

October 20, 2015 2:40 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

A.O. Smith (NYSE: AOS) - consensus EPS $0.79
ABB Ltd. (NYSE: ABB) - consensus EPS $0.28
ARM Holdings plc (NYSE: ARMH) - consensus EPS $0.36
Abbott (NYSE: ABT) - consensus EPS $0.54
Amphenol (NYSE: APH)... More