Sequential Brands (SQBG) Misses Q1 EPS by 2c

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Go back to Sequential Brands (SQBG) Misses Q1 EPS by 2c

Piper Jaffray Remains Bullish on Sequential Brands (SQBG) Following 1Q Beat

May 5, 2016 11:57 AM EDT

Piper Jaffray reiterated an Overweight rating and $11.00 price target on Sequential Brands (NASDAQ: SQBG) following the company's 1Q earnings report. The company reported $0.04 of adjusted EPS compared to the Street's breakeven estimate. On the top line, the company reported $34M in revenue, up 150% Y/Y. The company reaffirmed its organic growth... More