Monness, Crespi, Hardt Downgrades FTD Companies (FTD) to Neutral

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FTD Cos. (FTD) Misses Q2 EPS by 45c

August 4, 2016 4:56 PM EDT

FTD Cos. (NASDAQ: FTD) reported Q2 EPS of $0.43, $0.45 worse than the analyst estimate of $0.88. Revenue for the quarter came in at $338.6 million versus the consensus estimate of $351.5 million.

Consolidated revenues to decline 5% to 7% compared to $1.22 billion of revenues in 2015

For earnings... More