Skullcandy's (SKUL) Higher-Than-Expected Gross Margin Offset Low Revenue; Roth Capital Reiterates Buy

Go back to Skullcandy's (SKUL) Higher-Than-Expected Gross Margin Offset Low Revenue; Roth Capital Reiterates Buy

Jefferies Downgrades Skullcandy (SKUL) to Hold

November 6, 2015 7:20 AM EST

Jefferies downgraded Skullcandy (NASDAQ: SKUL) from Buy to Hold with a price target of $5.00 (from $17.00) on reduced visibility following Q3 results.

Analyst Randal Konik commented, "We are lowering our rating on SKUL to Hold, as the company issued a weak 4Q... More

After-Hours Movers 11/05: (DATA) (WTW) (QRVO) Higher; (KBIO) (MW) (GLUU) Lower (more...)

November 5, 2015 6:17 PM EST

KaloBios Pharma (NASDAQ: KBIO) 32.6% LOWER; announced that it will reduce its workforce as part of a plan to reduce operating costs. This action will reduce the company's workforce by approximately 17 employees (or 61%), and will focus the company's resources on the ongoing development of lenzilumab, also known as KB003, in chronic monomyelocytic leukemia (CMML), while it continues to pursue strategic alternatives for the company.

The Men's Wearhouse (NYSE: MW) 28% LOWER; the Company now expects adjusted EPS to be in the... More

Skullcandy (SKUL) Reports In-Line Q3 EPS

November 5, 2015 4:05 PM EST

Skullcandy (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.

... More

Trading Radar for 11/5: Disney (DIS), Celgene (CELG), SeaWorld (SEAS), Sprouts (SFM), CyberArk (CYBR) Report

November 4, 2015 3:11 PM EST

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

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 262kContinuing Claims - Street sees 2.145MProductivity: Prelim. - Street sees (0.2%)Unit Labor Costs: Prelim. - Street sees 2.2%

Earnings:

A.M. Castle & Co. (NYSE: CAS) - no Street consensus
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus EPS $0.11
AES Corp (NYSE: AES) - consensus EPS $0.38
ANSYS... More