Wolverine Worldwide Exceeds First-Quarter Revenue And Earnings Consensus And Reaffirms Full-Year Outlook

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Go back to Wolverine Worldwide Exceeds First-Quarter Revenue And Earnings Consensus And Reaffirms Full-Year Outlook

Piper Jaffray Remains Sidelined as Wolverine World Wide's (WWW) Says Consensus EPS is High

May 3, 2016 3:17 PM EDT

Piper Jaffray reiterated a Neutral rating on Wolverine World Wide (NYSE: WWW), and raised the price target to $18.00 (from $17.00), following the company's 1Q earnings call. Wolverine indicated that management is was comfortable with the consensus mark for Q2 revenue ($577M) but highlighted that the consensus EPS of $0.25 is higher than its plan. On the call management noted... More

Wolverine World Wide (WWW) Tops Q1 EPS by 15c

May 3, 2016 6:31 AM EDT

Wolverine World Wide (NYSE: WWW) reported Q1 EPS of $0.37, $0.15 better than the analyst estimate of $0.22. Revenue for the quarter came in at $577.6 million versus the consensus estimate of $567.47 million.

GUIDANCE:

Wolverine World Wide sees FY2016 EPS of $1.30-$1.40, versus the... More