Party City Announces First Quarter 2016 Financial Results

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Go back to Party City Announces First Quarter 2016 Financial Results

Morgan Stanley Maintains Equalweight on Party City (PRTY) Following 1Q Report

May 13, 2016 11:49 AM EDT

Morgan Stanley maintained an Equalweight rating and $14.00 price target on Party City (NYSE: PRTY) following the company's 1Q earnings report. PRTY reported an EPS of $0.04, slightly above the consensus estimate of $0.03.

Analyst Simeon Gutman commented, "Though Q1 was not a great quarter in... More

Party City (PRTY) Tops Q1 EPS by 1c

May 12, 2016 7:03 AM EDT

Party City (NYSE: PRTY) reported Q1 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $458 million versus the consensus estimate of $471.71 million.

Brand comparable sales decreased 1.5% as anticipated due primarily to Easter Sunday (a day on... More