Pier 1 Imports (PIR) Misses Q1 EPS by 2c; Trims FY16 EPS Outlook

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Go back to Pier 1 Imports (PIR) Misses Q1 EPS by 2c; Trims FY16 EPS Outlook

UBS Cuts Price Target on Pier 1 Imports (PIR) Following 1Q EPS Miss

June 30, 2016 8:34 AM EDT

UBS reiterated a Sell rating on Pier 1 Imports (NYSE: PIR), and cut the price target to $3.50 (from $4.50), following the company's 1Q earnings report. The company reported EPS of -$0.07 compared to the Street's -$0.05 estimate.

Analyst Michael Lasser commented, "PIR's 1Q highlighted its challenges. Its comp continued... More

BTIG Affirms Pier 1 (PIR) at 'Neutral' Following Q1 Results; Remains Cautious Over Near-Term Time Frame

June 30, 2016 7:25 AM EDT

BTIG affirms Pier 1 Imports (NYSE: PIR) with a Neutral rating following Q1 results and lowered outlook issued late Wednesday.

Analyst Alan Rifkin offered the following commentary on Thursday: Our former FY2016 EPS estimate of $0.39 was below previous guidance of $0.42 - $0.50 and a... More