4 Stocks Energizing Investors After Earnings
Fred’s Inc. (NASDAQ:FRED) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 47.06% to $0.09 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue Rose 2.42% to $482.2 million from the year-earlier quarter.
Fred’s Inc. reported adjusted EPS income of $0.09 per share. By that measure, the company met the mean analyst estimate of $0.09. It missed the average revenue estimate of $482.45 million.