SunTrust Robinson Humphrey Remains Bullish as Fitbit (FIT) Reports 1Q Beat

Oppenheimer Remains Bullish on Fitbit (FIT) Following 1Q Beat

May 5, 2016 7:53 AM EDT

Oppenheimer maintained an Outperform rating and $25.00 price target on Fitbit (NYSE: FIT) following the company's 1Q earnings report. FIT reported revenue and non-GAAP EPS of $505.4M/$0.10, coming in ahead of the Street's $445M/$0.03 estimate.

Analyst Andrew Uerkwitz commented, "We initiated FIT... More

Wall Street flat before April jobs report; retailers slip

May 5, 2016 7:35 AM EDT

By Caroline Valetkevitch

(Reuters) - U.S. stocks gave up early gains to end flat on Thursday as consumer discretionary shares fell and investors showed caution ahead of the April jobs report.

L Brands, which fell 12 percent to $70.53 after posting lower-than-expected monthly comparable sales, led declines in discretionary shares along with Amazon, down 1.8 percent at $659.09. The S&P retail index was down 1.5 percent while the S&P consumer discretionary index fell 0.6 percent.

Data on Thursday showed the number of Americans filing for unemployment benefits rose more than expected last week, posting the biggest jump in more than a... More

Fitbit (FIT) Beat and FY Raise but 2Q EPS Slashed On Spending - PiperJaffray

May 5, 2016 6:31 AM EDT

Piper Jaffray analyst, Erinn Murphy reiterated the Neutral rating & $16 PT on Fitbit (NYSE: FIT) following Q1's results.

Expectations built heading into Q1's print, shares traded off in the aftermarket despite Q1's beat & full-year guide up--owing largely to the slope of... More

After-Hours Stock Movers 05/04: (EPE) (ZNGA) (WTW) Higher; (FRSH) (RRTS) (FIT) Lower (more...)

May 4, 2016 6:30 PM EDT

Today's after-hours stock movers:

Papa Murphy's (NASDAQ: FRSH) 23% LOWER; reported Q1 EPS of $0.04, $0.09 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $33 million versus the consensus estimate of $33.9 million. Domestic comparable store sales decreased by 2.8%, including a 2.8% decrease at both domestic franchisee-owned stores and at company-owned stores, compared with the first quarter of 2015. Revises Comp Guidance Lower.

Roadrunner Transportation Systems (NYSE: RRTS) 17.3% LOWER; reported Q1 EPS of $0.13, $0.10 worse than the analyst estimate of $0.23. Revenue... More

Fitbit (FIT) Tops Q1 EPS by 7c; Issues Mixed Outlook

May 4, 2016 4:07 PM EDT

Fitbit (NYSE: FIT) reported Q1 EPS of $0.10, $0.07 better than the analyst estimate of $0.03. Revenue for the quarter came in at $505 million versus the consensus estimate of $443.24 million.

GUIDANCE:

Fitbit sees Q2 2016 EPS of $0.08-$0.11, versus the consensus of $0.26. Fitbit sees Q2... More

Fitbit (FIT) Shares Move to Session Lows

May 4, 2016 3:05 PM EDT

Fitbit (NYSE: FIT) shares drop to session lows, down 3.7 percent on the session. The company is reporting Q1 results after markets close.

... More

Trading Radar for 5/4: Tesla (TSLA), Time Warner (TWX), Priceline Group (PCLN), Fitbit (FIT), MetLife (MET) Report

May 3, 2016 2:28 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:15am EDT

ADP Employment Change - Street sees 196k

8:30am EDT

Productivity: Prelim. - Street sees (1.4%)Unit Labor Costs: Prelim. - Street sees 2.6%Trade Balance - Street sees ($41.4B)

Earnings:

Aircastle Limited (NYSE: AYR) - consensus EPS $0.46
Ares Capital (Nasdaq: ARCC) -... More