Pier 1 Imports (PIR) Tops Q4 EPS by 2c, Guides FY17 EPS Below Consensus
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Morgan Stanley Remains Bearish on Pier 1 Imports (PIR) Following 4Q Results
April 14, 2016 11:41 AM EDTMorgan 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
UBS Maintains Sell Rating on Pier 1 Imports (PIR) Following 4Q Earnings
April 14, 2016 8:43 AM EDTUBS 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
