Kate Spade & Company Reports Fourth Quarter And Full Year 2016 Results And Is Reviewing Strategic Alternatives

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Kate Spade (KATE) PT Raised to $23 at Cowen; Reiterates Market Perform

February 16, 2017 3:52 PM EST

Cowen raised its price target on Kate Spade (NYSE: KATE) to $23.00 (from $20.00) while maintaining a Market Perform rating. Cowen continues to believe KATE is likely to get sold.

Analyst Oliver Chen commented, "We reiterate our prior belief that 80% chance of deal... More

Kate Spade & Co. (KATE) Tops Q4 EPS by 6c

February 16, 2017 8:05 AM EST

Kate Spade & Co. (NYSE: KATE) reported Q4 EPS of $0.41, $0.06 better than the analyst estimate of $0.35. Revenue for the quarter came in at $470 million versus the consensus estimate of $472.8 million.

For earnings history and earnings-related data on Kate Spade & Co. (KATE) click here.

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