Jefferies Cuts Price Target on Staples (SPLS) Following 4Q Miss and Soft Guidance

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Pre-Open Stock Movers 03/04: (SUNE) (CKEC) (HPE) Higher; (VTAE) (AMBA) (HRB) Lower (more...)

March 4, 2016 9:48 AM EST

Vitae Pharmaceuticals (NASDAQ: VTAE) 54% LOWER; reported Q4 EPS of ($0.52), $0.10 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $92.09 thousand versus the consensus estimate of $120 thousand.

SunEdison, Inc. (NYSE: SUNE) 17% HIGHER; SunEdison, its holding company SunEdison Holdings Corporation, and TerraForm Power, Inc. (Nasdaq: TERP), an owner and operator of clean energy power plants, announced that they have entered into... More

Staples (SPLS) Misses Q4 EPS by 2; Comps Fell 5%

March 4, 2016 6:04 AM EST

Staples (NASDAQ: SPLS) reported Q4 EPS of $0.26, $0.02 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $5.41 billion.

North American comps fell 5 percent.

GUIDANCE:

Staples sees Q1 2016 EPS of $0.16-$0.18,... More