Jefferies Downgrades Skullcandy (SKUL) to Hold
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Skullcandy's (SKUL) Higher-Than-Expected Gross Margin Offset Low Revenue; Roth Capital Reiterates Buy
November 6, 2015 8:37 AM ESTRoth Capital maintained a Buy rating on Skullcandy (NASDAQ: SKUL), and cut the price target to $10.00 (from $12.00), following the company's 3Q earnings report. EPS of $0.08 met consensus, as higher-than-expected gross margin offset slightly lower revenue. Revenue grew 16% YOY to $67.2M, slightly below consensus of... More
Skullcandy (SKUL) Reports In-Line Q3 EPS
November 5, 2015 4:05 PM ESTSkullcandy (NASDAQ: SKUL) reported Q3 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $67.2 million versus the consensus estimate of $68.55 million.
Skullcandy sees FY2015 EPS of $0.37-$0.39, versus the consensus of $0.41.
For earnings history and earnings-related data on Skullcandy (SKUL) click here.
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