Libbey Inc. Announces Third Quarter 2015 Financial Results

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Go back to Libbey Inc. Announces Third Quarter 2015 Financial Results

Piper Jaffray Cuts Price Target on Libbey (LBY) to $33 Following Sales Miss

November 6, 2015 9:32 AM EST

Piper Jaffray maintained an Overweight rating on Libbey Inc (NYSE: LBY), and cut the price target to $33.00 (from $47.00), following the company's 3Q earnings report. Sales missed estimates by $15M, or 7% in total, largely on a drop in seasonal orders and overall tighter inventory flow by key retail partners. EPS was inline, reflecting product margin gains, pricing benefits, and... More

Libbey (LBY) Tops Q3 EPS by 18c

November 5, 2015 9:10 AM EST

Libbey (NYSE: LBY) reported Q3 EPS of $0.75, $0.18 better than the analyst estimate of $0.57. Revenue for the quarter came in at $201.8 million versus the consensus estimate of $214.59 million.

For earnings history and earnings-related data on Libbey (LBY) click here.

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