Pacific Sunwear Of California (PSUN) Tops Q2 EPS by 2c; Guides Q3 Sales Below Views
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Pacific Sunwear (PSUN) Still Has Work to Do, Thinks Analyst
August 30, 2013 11:03 AM EDTKeyBanc maintained a Hold rating on Pacific Sunwear of California (NASDAQ: PSUN). On Thursday the company reported Q1 results that topped estimates. In the view of analysts, results show progress but work remains.
Commenting, analyst Edward Yruma said, "believe the historically challenging women's... More
Pacific Sunwear (PSUN) Q2 Shows Turnaround on Track - Janney Capital
August 30, 2013 8:36 AM EDTJanney Capital's Adrienne Tennant reiterated a Buy rating and $6 price target on Pacific Sunwear of California (NASDAQ: PSUN) following solid Q2 results after the close. The analyst said the turnaround remains on track, driven by gains in the women's business.
On the quarter, EPS of $0.02 beat the Street at $0.00 and comps of +3.0% beat the Retail Metrics consensus of +2.2%. The company issued an EPS guidance range of ($0.05) to $0.02 and comps range of flat to +5%. The women's business continues to gain traction posting an +11.0%... More
