JPMorgan Downgrades Valspar (VAL) to Neutral
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Valspar Corp. (VAL) Provides Weak FY16 Guidance due to Potential FX Headwinds; Piper Jaffray Reiterates Neutral
November 25, 2015 9:41 AM ESTPiper Jaffray reiterated a Neutral rating on Valspar (NYSE: VAL), and raised the price target to $92.00 (from $80.00), following the company's 4Q earnings report. Valspar posted very strong EBIT margins in the quarter, anchored predominantly in efficiency, which management expects to continue improving through FY16. Management's EPS guidance for FY16 (of $4.80-$5.00, with... More
Valspar Corp. (VAL) Tops Q4 EPS by 4c
November 24, 2015 7:34 AM ESTValspar Corp. (NYSE: VAL) reported Q4 EPS of $1.35, $0.04 better than the analyst estimate of $1.31. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.16 billion.
Valspar Corp. sees FY2016 EPS of $4.80-$5.00, versus the consensus of $5.09.
For earnings history... More
