Brocade Communications (BRCD) Tops Q4 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- Tech stocks power S&P 500 to record high as oil prices, producer inflation ease
- Oil pares losses after reports Houthis attacked Saudi Aramco refinery
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
Brocade (BRCD) Guidance Well Below Street Consensus, Piper Jaffray Notes; Numbers Lowered
November 24, 2015 8:14 AM ESTPiper Jaffray analyst Andrew Nowinski lowered estimates and his price target on Neutral-rated Brocade (NASDAQ: BRCD) to $10.00 (from $11.00) following Q4 results and lower guidance after the close.
Brocade has had a history of meeting or slightly beating estimates then guiding below consensus to keep the bar low but this quarter, the drop in operating margin is likely to have analysts worried. Revenue guidance was 4% below consensus but getting to consensus EPS had required an operating margin of 26.8%, now guidance is for 24-25.5% so if revenue... More
JPMorgan Downgrades Brocade (BRCD) to Neutral
November 24, 2015 7:06 AM ESTJPMorgan downgraded Brocade (NASDAQ: BRCD) from Overweight to Neutral with a price target of $9.00 (from $14.00).
For an analyst ratings summary and ratings history on Brocade click here. For more ratings news on Brocade click here.
Shares of Brocade closed at $10.09 yesterday.
... MoreBrocade Communications (BRCD) Guides Q1 EPS, Revenue Below Expectations
November 23, 2015 4:12 PM ESTBrocade Communications (NASDAQ: BRCD) sees Q1 adjusted EPS of $0.23 - $0.25 and revenue of $550 - $570 million, with Street estimates calling for Q1 EPS of $0.27 and revenue of $581.9 million.
... MoreBrocade Communications (BRCD) Declares $0.045 Quarterly Dividend; 1.8% Yield
November 23, 2015 4:06 PM ESTBrocade Communications (NASDAQ: BRCD) declared a quarterly dividend of $0.045 per share, or $0.18 annualized.
The dividend will be payable on January 4, 2016, to stockholders of record on December 10, 2015, with an ex-dividend date of December 8, 2015.
The annual yield on the dividend is 1.8 percent.
For... More
