KLX Inc. Reports Strong Second Quarter 2017 Financial Results
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KLX (KLXI) PT Raised to $55 at Cowen; Buy the Weakness After Strong Results
August 23, 2017 11:54 AM EDTCowen analyst Gautam Khanna reiterated an Outperform rating and raised its price target on KLX Inc (NASDAQ: KLXI) to $55.00 (from $52.00) following Q2 results.
Khanna said operating momentum "was evident" in the quarter although expectations were higher.
The firm would use... More
KLX, Inc. (KLXI) Reports In-Line Q2 EPS
August 23, 2017 5:45 AM EDTKLX, Inc. (NASDAQ: KLXI) reported Q2 EPS of $0.73, in-line with the analyst estimate of $0.73. Revenue for the quarter came in at $430.6 million versus the consensus estimate of $425.22 million.
GUIDANCE:
KLX, Inc. sees FY2017 EPS of ~$3.00, versus the consensus of $3.08.2017 revenues are expected... More