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Earnings Announcements

  • Eagle Point posts 1Q profit Wednesday, 27 May 2015 | 10:18 AM ET

    GREENWICH, Conn. _ Eagle Point Credit Co. on Wednesday reported net income of $3.8 million in its first quarter. On a per-share basis, the Greenwich, Connecticut- based company said it had profit of 27 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Tidewater reports 4Q loss Wednesday, 27 May 2015 | 9:54 AM ET

    NEW ORLEANS _ Tidewater Inc. on Wednesday reported a fiscal fourth-quarter loss of $9.1 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share. Four analysts surveyed by Zacks expected $361 million.

  • Bank of Montreal posts 2Q profit Wednesday, 27 May 2015 | 8:45 AM ET

    TORONTO _ Bank Of Montreal on Wednesday reported fiscal second-quarter profit of $793.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Bank of Montreal shares have dropped 12 percent since the beginning of the year.

  • Tale of two retailers: TIF vs. KORS   Wednesday, 27 May 2015 | 7:34 AM ET
    Tale of two retailers: TIF vs. KORS

    Ike Boruchow, Sterne Agee, and CNBC's Courtney Reagan, break down the luxury retail data and weigh in on the profitability of Amazon's same-day service.

  • Early movers: TIF, KORS, TOL, BWS, HRL & more Wednesday, 27 May 2015 | 8:31 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • RBC Bearings tops 4Q profit forecasts Wednesday, 27 May 2015 | 8:22 AM ET

    OXFORD, Conn. _ RBC Bearings Inc. on Wednesday reported fiscal fourth-quarter earnings of $14.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. RBC Bearings shares have risen 10 percent since the beginning of the year.

  • May 27 (Reuters)- Luxury jeweler Tiffany& Co reported better-than-expected quarterly profit and sales, helped by strong demand for its Tiffany T line and higher sales in the Americas and Europe. Tiffany's sales in the Americas region rose 1 percent to $444 million. Comparable sales in the Americas region fell 1 percent, while they fell 2 percent in Europe.

  • Thermon Group misses 4Q profit forecasts Wednesday, 27 May 2015 | 8:18 AM ET

    SAN MARCOS, Texas _ Thermon Group Holdings Inc. on Wednesday reported fiscal fourth-quarter net income of $10.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Thermon Group shares have decreased 5.5 percent since the beginning of the year.

  • May 27- Michael Kors Holdings Ltd reported its slowest quarterly revenue growth since it went public in December 2011 as demand for its handbags and accessories weakened in North America. Michael Kors' revenue rose 17.8 percent in the fourth quarter, slowing sharply from the growth of 29.9-74.4 percent it posted for the past 13 quarters. Michael Kors has been...

  • Valspar tops 2Q profit forecasts Wednesday, 27 May 2015 | 7:45 AM ET

    MINNEAPOLIS _ Valspar Corp. on Wednesday reported fiscal second-quarter net income of $90.3 million. Valspar expects full-year earnings in the range of $4.45 to $4.65 per share. Valspar shares have fallen nearly 1 percent since the beginning of the year.

  • The company's net income attributable to shareholders rose to C $388 million, or C $1.13 per share, in the second quarter ended April 30 from C $345 million, or C $1.01 per share, a year earlier. Excluding items, the Montreal- based lender earned C $1.15 per share, above analysts' average estimate of C $1.12 per share, according to Thomson Reuters I/B/E/S.

  • Chico's meets 1Q profit forecasts Wednesday, 27 May 2015 | 7:42 AM ET

    FT. MYERS, Fla. _ Chico's FAS Inc. on Wednesday reported fiscal first-quarter profit of $32.5 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share. Eight analysts surveyed by Zacks expected $718 million.

  • DSW tops 1Q profit forecasts Wednesday, 27 May 2015 | 7:36 AM ET

    COLUMBUS, Ohio _ DSW Inc. on Wednesday reported fiscal first-quarter profit of $47.4 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Six analysts surveyed by Zacks expected $659.5 million.

  • Brown Shoe beats Street 1Q forecasts Wednesday, 27 May 2015 | 7:22 AM ET

    ST LOUIS _ Brown Shoe Co. on Wednesday reported fiscal first-quarter earnings of $19.3 million. Brown Shoe expects full-year earnings to be $1.84 to $1.94 per share, with revenue in the range of $2.61 billion to $2.63 billion. Brown Shoe shares have declined 6 percent since the beginning of the year.

  • Michael Kors posts slowest sales growth in 14 quarters Wednesday, 27 May 2015 | 7:18 AM ET

    May 27- Handbag maker Michael Kors Holdings Ltd reported the slowest sales growth in at least three and a half years as demand in North America weakened. Michael Kors' revenue rose 17.8 percent to $1.08 billion in the fourth quarter ended March 28. Net income rose to $182.6 million, or 90 cents per share, from $161 million, or 78 cents per share, a year earlier.

  • Tiffany's first quarter is a diamond in the rough Wednesday, 27 May 2015 | 7:18 AM ET

    Sales grew 3 percent in the Americas, 4 percent in the Asia-Pacific region, and 21 percent in Europe. Sales at stores open at least a year was positive in the Americas and in the Asia-Pacific region as well. That's still a lot better than the per-share earnings of 69 cents per share that analysts had projected, according to a survey by by Zacks Investment Research.

  • Movado misses 1Q profit forecasts Wednesday, 27 May 2015 | 7:18 AM ET

    PARAMUS, N.J. _ Movado Group Inc. on Wednesday reported fiscal first-quarter profit of $3.6 million. Movado expects full-year earnings to be $2 to $2.10 per share, with revenue in the range of $590 million to $600 million. Movado shares have dropped roughly 3 percent since the beginning of the year.

  • Strong dollar hits Tiffany's quarterly sales Wednesday, 27 May 2015 | 7:16 AM ET

    May 27- Luxury jeweler Tiffany& Co reported a 5 percent fall in quarterly sales as a strong dollar discouraged tourists from spending in its U.S. stores and reduced the value of overseas sales. The company's net income fell to $104.9 million, or 81 cents per share, in the first quarter ended April 30 from $125.6 million, or 97 cents per share, a year earlier.

  • National Bank of Canada's quarterly profit rises 12.5 pct Wednesday, 27 May 2015 | 7:13 AM ET

    The company's net income attributable to shareholders rose to C $388 million, or C $1.13 per share, in the second quarter ended April 30 from C $345 million, or C $1.01 per share, a year earlier.

  • Michael Kors shares take dive on sales weakness, outlook Wednesday, 27 May 2015 | 7:12 AM ET

    LONDON— Michael Kors' stock plunged more than 10 percent in premarket trading after the seller of handbags, clothing and accessories issued a weak outlook and said sales are being pressured by foreign currency fluctuations. For the three months ended March 28, Michael Kors Holdings Ltd. earned $182.6 million, or 90 cents per share. The average estimate of 16...