Pier 1 Imports, Inc. Reports Fourth Quarter and Full-Year Fiscal 2016 Financial Results
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Go back to Pier 1 Imports, Inc. Reports Fourth Quarter and Full-Year Fiscal 2016 Financial Results
April 14, 2016 11:41 AM EDT
Morgan Stanley maintained an Underweight rating and $4.00 price target on Pier 1 Imports (NYSE: PIR) following the company's 4Q earnings report. PIR delivered EPS of $0.23, higher than the expected EPS of $0.20. Q4 results were largely de-risked as PIR had pre-announced better comps in early March.... More
April 14, 2016 8:43 AM EDT
UBS reiterated a Sell rating and $4.50 price target on Pier 1 Imports (NYSE: PIR) following the company's 4Q earnings report. PIR reported EPS of $0.23, ahead of guidance of $0.18 - $0.22. 4Q sales performance was largely driven by continued growth in its eComm channel, while store sales declined roughly -4% YoY. PIR expects... More
April 13, 2016 4:19 PM EDT
Pier 1 Imports (NYSE: PIR) reported Q4 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $542.3 million versus the consensus estimate of $526.76 million.
Company comparable sales rose 0.7%
GUIDANCE:
Pier 1 Imports sees FY2017 EPS of $0.42-$0.50, versus the consensus of $0.49.
Pier 1 Imports sees Q1 2017 EPS of ($0.08)-($0.04), versus the consensus of... More
