Libbey Inc. Announces Fourth Quarter And Full-Year 2015 Financial Results
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Piper Jaffray Remains Bullish as Libbey's (LBY) 4Q Results Exceeded Exceptions
February 25, 2016 9:42 AM ESTPiper Jaffray maintained an Overweight rating on Libbey Inc (NYSE: LBY), and cut the price target to $25.00 (from $33.00), following the company's 4Q earnings report. Today's call was the first hosted by new CEO Bill Foley. While the circumstances around the prior CEO's departure were somewhat unsettling for investors, Piper Jaffray was pleased by the direction of the call. Q4 sales exceeded estimates... More
Libbey (LBY) Reports In-Line Q4 EPS, Offers FY Guidance
February 24, 2016 7:48 AM ESTLibbey (NYSE: LBY) reported Q4 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $219 million versus the consensus estimate of $211.87 million.
GUIDANCE:
Libbey sees FY2016 revenue of $830 million, versus the consensus of $828.92 million.
Adjusted... More