Party City Announces First Quarter 2016 Financial Results

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