Michael Kors (KORS) Tops Q3 EPS by 13c; Issues Light Q4 Outlook
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February 2, 2016 3:27 PM EST
Citi upgraded Michael Kors (NYSE: KORS) from Sell to Neutral.
For an analyst ratings summary and ratings history on Michael Kors click here. For more ratings news on Michael Kors click here.
Shares of Michael Kors closed at $40.44 yesterday.
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February 2, 2016 3:17 PM EST
Piper Jaffray reiterated a Neutral rating on Michael Kors (NYSE: KORS), and raised the price target to $54.00 (from $38.00), following the company's 3Q earnings report. Michael Kors reported retail sales came in up 11.1% Y/Y for the quarter (or +15.7% CC), an acceleration from up 7.5% sales growth in... More
February 2, 2016 1:52 PM EST
Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison (NYSE: SUNE) and short a couple high-flying FANG stocks. However, today Einhorn is again... More
February 2, 2016 1:42 PM EST
Mizuho Securities reiterated a Neutral rating on Michael Kors (NYSE: KORS), and raised the price target to $45.00 (from $40.00), following the company's 3Q earnings report. 3Q EPS of $1.59, vs. $1.48 last year, beat the Streets $1.46. The beat was driven by improved conversion and +DD... More
February 2, 2016 9:47 AM EST
Standpoint Research downgraded Michael Kors (NYSE: KORS) from Buy to Hold.
For an analyst ratings summary and ratings history on Michael Kors click here. For more ratings news on Michael Kors click here.
Shares of Michael Kors closed at $40.44 yesterday.
...
More
February 2, 2016 9:03 AM EST
Michael Kors (NYSE: KORS) is surging 18.5% in pre-open trade Tuesday following better than expected Q3 results and solid guidance.
Michael Kors reported Q3 EPS of $1.59, $0.13 better than the analyst estimate of $1.46. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of... More
