Weak Sales Contribute to Alere's (ALR) 3Q Miss; Leerink Partners Cuts Price Target to $50

Go back to Weak Sales Contribute to Alere's (ALR) 3Q Miss; Leerink Partners Cuts Price Target to $50

Alere (ALR) Misses Q3 EPS by 7c

November 4, 2015 4:31 PM EST

Alere (NYSE: ALR) reported Q3 EPS of $0.54, $0.07 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $602 million versus the consensus estimate of $646.29 million.

For earnings history and earnings-related data on Alere (ALR) click here.

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Trading Radar 11/4: Facebook (FB), Qualcomm (QCOM), MetLife (MET), Time Warner (TWX), Michael Kors (KORS) Report

November 3, 2015 2:45 PM EST

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

8:15am EDT

ADP Employment Change - Street sees 180k

8:30am EDT

Trade Balance - Street sees ($43.0B)

Earnings:

02micro (Nasdaq: OIIM) - consensus loss $0.08
3D Systems (NYSE: DDD) - consensus EPS $0.08
Abraxas Petroleum (Nasdaq: AXAS) - consensus loss... More