2 Stocks Miss Expectations but 3 Stocks Beat Them
Volcano (NASDAQ:VOLC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 300% to $0.04 in the quarter versus EPS of $0.01 in the year-earlier quarter. Revenue rose 10.49% to $102.48 million from the year-earlier quarter.
Volcano reported adjusted EPS income of $0.04 per share. By that measure, the company beat the mean analyst estimate of $0.03. It beat the average revenue estimate of $98.86 million.