DAVIDsTEA Inc. Announces Third Quarter Fiscal 2015 Financial Results

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David's Tea (DTEA) PT Trimmed to $14 at BMO Capital Despite Solid Quarter

December 11, 2015 7:40 AM EST

BMO Capital reiterated a Market Perform rating on DAVIDsTEA (NASDAQ: DTEA), and cut the price target to $14.00 (from $15.00), following the company's 3Q earnings report. DTEA reported F3Q16 EPS of ($0.03) vs BMO's ($0.04) forecast, which was inline with consensus. Strong top-line performance was supported by... More

DAVIDsTEA Inc. (DTEA) Tops Q3 EPS by 1c

December 10, 2015 4:03 PM EST

DAVIDsTEA Inc. (NASDAQ: DTEA) reported Q3 EPS of (CDN$0.03), CDN$0.01 better than the analyst estimate of (CDN$0.04). Revenue for the quarter came in at CDN$36.3 million versus the consensus estimate of CDN$34.64 million.

GUIDANCE:

DAVIDsTEA Inc. sees Q4 2015 revenue of CDN$70-72... More