Iconix Brand Group (ICON) Reports In-Line Q3 EPS

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Go back to Iconix Brand Group (ICON) Reports In-Line Q3 EPS

3Q EPS Miss Driven by Decline in Revenue; Roth Capital Reiterates Buy on Iconix Brand Group (ICON)

November 11, 2015 7:47 AM EST

Roth Capital maintained a Buy rating on Iconix Brand (NASDAQ: ICON), and cut the price target to $12.00 (from $17.00), following the company's 3Q earnings report. Non-GAAP EPS of $0.09 fell well below consensus of $0.52. The miss was driven by a 19.4% YOY decline in revenue following... More