Loss Narrower Than Expected
Big Lots reported a third-quarter loss of $0.10, much less than the $0.24 feared by analysts. Revenue missed expectations by a narrow margin, but full-year earnings guidance was raised. BIG is up 11 percent before the bell on my tradeMONSTER platform.
Vail Resorts Drops on Weak Results
Vail Resorts reported a first-quarter loss of $1.70 a share on revenue of $116.35 million. Analysts had only expected a loss of $1.59, but revenue of $116.69 million. MTN drops more than 7 percent in early trading.
Toll Brothers Reports Blowout Quarter
Toll Brothers reported a blowout quarter, with revenue crushing expectations and home prices climbing 3 percent from a year earlier. A one-time tax benefit also juiced net income, but even excluding that, it looks like profit beat consensus by a wide margin. TOL climbs almost 4 percent in the premarket.
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