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Piper Jaffray Reiterates Overweight on Costco Wholesale, Increases PT to $85
Tuesday, May 24, 2011 - 8:26am | 145Piper Jaffray reiterated its Overweight rating on Costco Wholesale (NASDAQ: COST). At the same time, Piper raised its price target from $84 to $85 ahead of Costco's quarterly earnings report. In a research report published today, Piper states, "We are reiterating our OW rating and raising our...
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Previewing & Trading Costco's Earnings
Tuesday, May 24, 2011 - 8:17am | 374Costco Wholesale Corporation (NASDAQ: COST) is set to report earnings tomorrow morning before the bell, and all eyes will be on the warehouse company's ability to grow earnings in the face of rising inflation, commodity costs, and a slowing U.S. economy. Wall Street analysts are looking for 77...
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Piper Jaffray Raises PT On Costco To $85
Tuesday, May 24, 2011 - 4:52am | 27Piper Jaffray has raised the price target on Costco Wholesale (NASDAQ: COST) from $84 to $85 and maintains its Overweight rating.
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How Many Chops Does It Take to Bring the Market Down? 05-23-2011
Monday, May 23, 2011 - 2:02pm | 882Cusick's Corner The elements that we discussed all last week came together on the open - the EU has a continuing debt crisis and China's slowdown is creating momentum to the downside. Two sectors that appear to be under the most pressure right now are Crude and Euro Currency which is putting even...
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UPDATE: Bank of America Color on Costco PO Increase
Monday, May 23, 2011 - 6:27am | 181Bank of America, which raised its PO on shares of Costco Wholesale Corporation (NASDAQ: COST), is providing some color on the stock. “Recent reports from Sam's Club & BJ's (NYSE: BJ) suggest that warehouse channel trends are robust, & we believe Costco continues to outperform within the...
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Bank of America Raises PO On Costco Wholesale To $92
Monday, May 23, 2011 - 5:12am | 27Bank of America has raised the price objective on Costco Wholesale (NASDAQ: COST) to $92 and maintains its Buy rating.
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Earnings Highlights for the Week Ahead
Sunday, May 22, 2011 - 10:19am | 793This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...
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Hibbett Sports Earnings Preview: Double-Digit EPS Growth Expected
Thursday, May 19, 2011 - 9:52am | 250Hibbett Sports (NASDAQ: HIBB) is on tap to report fiscal first-quarter 2012 results tomorrow morning, May 20. Analysts are looking for the retailer to report that earnings grew 11.9% from a year ago to $0.67 per share. That consensus earnings estimate is unchanged from 60 days ago. Note that...
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I Don't Want A Money Tree, Give Me A Dollar Tree
Thursday, May 19, 2011 - 8:40am | 290Dollar Tree, Inc. (NASDAQ: DLTR) shares are jumping this morning, gaining almost 4% after the dollar store reported sharply higher earnings, beating Wall Street estimates. The company reported first quarter earnings of 82 cents per share on $1.55 billion in revenues, blowing past Wall Street...
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Goldman Sachs Raises PT On BJ's Wholesale Club To $60
Thursday, May 19, 2011 - 8:05am | 28Goldman Sachs has raised the price target on BJ's Wholesale Club (NYSE: BJ) from $59 to 460 and maintains its Buy rating.
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Citi Raises PT On BJ To $56
Thursday, May 19, 2011 - 7:55am | 121Citi has raised its price target from $52 to $56 on BJ's Wholesale Club (NYSE: BJ) following the release of the company's 1Q11 results. Says Citi, in its report, “We were impressed with BJ's 1Q11 EPS beat, which was driven by better-than-expected expense control. We believe that expense management...
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Citigroup Raises PT On BJ's Wholesale Club To $56
Thursday, May 19, 2011 - 6:36am | 27Citigroup has raised the price target on BJ's Wholesale Club (NYSE: BJ) from $52 to $56 and maintains its Hold rating.
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Earnings Preview for Sears Holding Corporation
Wednesday, May 18, 2011 - 9:19am | 741Sears Holding Corporation (NASDAQ: SHLD) is expected to announce its Q1 earnings report on Thursday, May 19. Analysts expect a rough ride for Sears. Its earnings per share is expected to plunge on a yearly basis. The Street's Q1 estimate for Sears is a loss of $1.22 per share, or almost 4,000%...
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Q1 EARNINGS BEAT RATE LOWEST SINCE 2008
Wednesday, May 18, 2011 - 8:04am | 166Earnings season, which runs from Alcoa's (AA) report date through Wal-Mart's (WMT) report date, came to an end today. Over this time period, the S&P 500 was pretty much flat, gaining 35 basis points. Pretty much all of the commentary … Continue reading → Related posts: Q2 EARNINGS BEAT RATE...
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Earnings Roundup For May 18 (SPLS, CTRN, DE, BJ, TGT, IAPLY, CHS, ANF, LSGOF, SODA, BRC, EXPGF)
Wednesday, May 18, 2011 - 7:35am | 733Staples Inc (NASDAQ: SPLS) reported downbeat first-quarter results and lowered its profit projections for the year. The group's net profit surged 5% to $198.2 million, or $0.28 per share, from $188.8 million, or $0.26 per share, in the year-earlier period. Its revenue increased 1.9% to $6.17...