2 Stocks Heading in Different Directions After Earnings

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

rue21, Inc. (NASDAQ:RUE) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 25% to $0.65 in the quarter versus EPS of $0.52 in the year-earlier quarter. Revenue Rose 22.35% to $269.05 million from the year-earlier quarter.

rue21, Inc. reported adjusted EPS income of $0.65 per share. By that measure, the company beat the mean analyst estimate of $0.63. It missed the average revenue estimate of $270.49 million.

The stock market is at 5-year highs! Discover the best stocks to buy in today’s market. CLICK HERE for Your Stock Investor Cheat Sheet NOW!

RUE

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business