Essendant (ESND) Misses Q3 EPS by 10c; Cuts FY16 EPS Outlook

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Go back to Essendant (ESND) Misses Q3 EPS by 10c; Cuts FY16 EPS Outlook

Jefferies Cuts Price Target on Essendant (ESND) to $18 Following EPS Miss

October 27, 2016 9:01 AM EDT

Jefferies maintained a Hold rating on Essendant (NASDAQ: ESND), and cut the price target to $18.00 (from $23.50), following the company's 3Q earnings report. EPS of $0.57 missed the Streets expectations for $0.67. The -55 bps y-y GM% decline was the primary driver of the EPS miss.... More

Essendant (ESND) trading halted with news pending

October 26, 2016 4:01 PM EDT

Essendant (NASDAQ: ESND) trading halted with news pending.

... More