- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Target Corporation (NYSE:TGT)’s disparity between the GAAP and adjusted EPS ranges of 10c in Q2 and 50c for the entire year stands for the expected EPS effect of expenses related to the retailer’s entry into the Canadian market. Q1 comparable-store sales are up 5.3% Y/Y; the company sees Q2 EPS of $1.04-$1.14, and has raised FY12 EPS guidance to $4.10-$4.30 from $4.05-$4.25. Shares of Target are trading higher by .67% today.
Investing Insights: Target Earnings Cheat Sheet>>
Citi Trends, Inc. (NASDAQ:CTRN) has opened two stores and closed two stores, plus relocating one store, in 2012′s first quarter. The resultant total store count is 511 at the end of the quarter. Shares are trading 14.90% higher.
Deere & Company (NYSE:DE): Farmers are faring well with favorable incomes thanks to good agricultural commodity demand, and John Deere sales are benefiting as well from worldwide debuts of new products and from company expansions. U.S. and Canadian industry farm equipment sales are expected to climb more than 10% this year, with an additional rise in turf and utility equipment sales of 5%. FY profit prediction sales have been raised from $3.2B to $3.35B, with an estimated equipment sales climb of approximately 15%. Deere & Co. shares are trading 2.85% lower today.
Chico’s FAS, Inc. (NYSE:CHS) plans to open smaller footprint stores in smaller markets this year. Its Q1 EPS of $0.32 beats by $0.02, and revenue of $651M beats by $21M (+21% Y/Y). Chico’s shares are trading 4% higher today.
SINA Corporation (NASDAQ:SINA): Brean Murray reduced its price target on SINA afer Q1 results, from $92 to $82. Brean Murray referred to light guidance and a weak industry forecast in doing so, but holds to a Buy rating thanks to increases in user growth and SINA’s debut of its Weibo displayed advertising system. Barclays upgraded SINA, and BofA is Neutral. SINA shares are trading higher by 12.96% today.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.