Earnings Volatility Drives These Stocks in a New Direction
LeapFrog Enterprises Inc. (NYSE:LF) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $-0.04 in the quarter versus EPS of $-0.14 in the year-earlier quarter. Revenue Rose 15.12% to $82.9 million from the year-earlier quarter.
LeapFrog Enterprises Inc. reported adjusted EPS loss of $0.04 per share. By that measure, the company beat the mean analyst estimate of $-0.07. It beat the average revenue estimate of $79.47 million.