Joy Global Inc. Declares Quarterly Dividend of $0.01 Per Share
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March 4, 2016 9:19 AM EST
FBR Capital reiterated a Market Perform rating on Joy Global (NYSE: JOY), and raised the price target to $14.00 (from $10.00), following the company's 1Q. Joy maintained its FY16 revenue guide at the midpoint of $2.4B to $2.6B and also maintained the midpoint of adjusted EPS guidance of $0.10$0.50. FBR thinks that Joy maintaining guidance was a round surprise to more bearish sentiment on the name and a strong positive to future investor... More
March 3, 2016 6:35 AM EST
Joy Global (NYSE: JOY) reported Q1 EPS of ($0.23), $0.11 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $526.3 million versus the consensus estimate of $531.91 million.
Bookings $550 million, down 21 percent from a year ago.
For earnings history and earnings-related data on Joy Global (JOY) click here.
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