Kona Grill (KONA) Misses Q3 EPS by 2c

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Kona Grill (KONA) Reports Solid Results Despite Denver Headwinds; Oppenheimer Reiterates Outperform

November 3, 2015 10:15 AM EST

Oppenheimer reiterated an Outperform rating on Kona Grill (NASDAQ: KONA), and cut the price target to $20.00 (from $25.00), following the company's 3Q earnings report. While slightly below management's outlook, the quarter was solid in light of temporary Denver store headwinds and 4Q EBITDA outlook... More

Kona Grill's (KONA) Weak SSS Growth Contributes to EPS Miss; Wedbush Cuts Price Target to $25

November 3, 2015 8:15 AM EST

Wedbush maintained an Outperform rating on Kona Grill (NASDAQ: KONA), and cut the price target to $25.00 (from $30.00), following 3Q results and 4Q guidance. EPS of ($0.13) was below ($0.11) consensus on SSS growth of 1.6% vs. 1.7% consensus. Q4 guidance calls for $38M in revenue with slightly positive SSS... More