These 5 Stocks Saw Trading Price Swings This Past Week Post Earnings
Layne Christensen Co. (NASDAQ:LAYN) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 368% to $1.17 in the quarter versus EPS of $0.25 in the year-earlier quarter. Revenue Decreased 19.88% to $232 million from the year-earlier quarter.
Layne Christensen Co. reported adjusted EPS income of $1.17 per share. By that measure, the company beat the mean analyst estimate of $-0.39. It missed the average revenue estimate of $260.61 million.