Earnings Volatility Drives These Stocks in a New Direction
Pep Boys – Manny, Moe & Jack (NYSE:PBY) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased to $-0.27 in the quarter versus EPS of $-0.06 in the year-earlier quarter. Revenue Decreased 33.71% to $335 million from the year-earlier quarter.
Pep Boys – Manny, Moe & Jack reported adjusted EPS loss of $0.27 per share. By that measure, the company missed the mean analyst estimate of $0.05. It missed the average revenue estimate of $507.08 million.