PacSun (PSUN) Reports Q3 Loss of $0.05

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Mizuho Remains Sidelined on Pacific Sunwear (PSUN) Despite Solid Q3 Beat and November Start

December 3, 2015 8:08 AM EST

Mizuho Securities maintained a Neutral rating and $0.50 price target on Pacific Sunwear of California (NASDAQ: PSUN) following the company's 3Q earnings report. EPS of $(0.05) surpassed consensus $(0.08) estimate. Despite the beat, Mizuho is looking for more consistent topline improvement amidst on-going competitive pressures.... More