In the Sector Trade we're talking gaming stocks. Shuffle Master (SHFL), maker of poker-based table games and automatic card shufflers, came out with earnings after the bell that missed Street estimates by $.03 cents per share. Investors are not liking what they heard - shares fell nearly 6% after hours. Is there a trade?
Fresh from the earnings call Shuffle Master Chief Executive Mark Yoseloff joins the guys for this conversation.
What happened with earnings?
“Most of the metrics this quarter were good… revenues were up. But we had some items, including some foreign exchange costs and a few other items that affected EPS,” Yoseloff says.