|Bid||11.25 x 800|
|Ask||11.26 x 3100|
|Day's Range||10.90 - 11.31|
|52 Week Range||10.90 - 22.15|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||5.96|
|Earnings Date||Jun 12, 2019 - Jun 17, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.27|
NEW YORK, March 25, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Michaels Companies Inc (NASDAQ: MIK ) shares fell more than 6 percent Wednesday in the wake of the retailer reporting a fourth-quarter earnings beat and issuing weak first-quarter earnings guidance. Michaels ...
Michaels (MIK) posts better-than-expected fourth-quarter fiscal 2018 results. Moreover, the company remains confident about its strategic efforts.
Deutsche Bank DBK-DE — Deutsche Bank shares dipped 2 percent a day after rallying on news about a possible merger with Commerzbank. Yum Brands YUM — Shares of Yum Brands slipped 0.7 percent after an analyst at J.P. Morgan downgraded the stock to neutral from overweight, citing little upside to the companies' estimates after a recent run-up. Del Taco Restaurants TACO — Shares of the California fast food chain dropped more than 8 percent after the company reported fourth-quarter earnings that disappointed investors.
The Michaels earnings report for the fourth quarter of 2018 has MIK stock heading higher on Tuesday.Source: Shutterstock Michaels (NASDAQ:MIK) reported earnings per share of $1.44 for the fourth quarter of the year. This is an increase over the company's earnings per share of $1.19 reported in the fourth quarter of 2017. It was also good news for MIK stock by coming in above Wall Street's earnings per share estimate of $1.42 for the period.Net income reported in the Michaels earnings release for the fourth quarter of 2018 comes in at $181.40 million. This is a drop from the company's net income of $202.97 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income in the Michaels earnings report for the fourth quarter of the year is $272.23 million. The arts and crafts retail company reported operating income of $354.29 million in the fourth quarter of the previous year.Michaels earnings for the fourth quarter of 2018 also include revenue of $1.79 billion. This is down from the company's revenue of $1.89 billion reported during the same time last year. Despite the decrease, it is still a positive for MIK stock by beating out analysts' revenue estimate of $1.78 billion for the quarter. * Top 7 Service Sector Stocks That Will Pay You to Own Them The most recent Michaels earnings report also includes the company's outlook for the full year of 2019. It is expecting earnings per share between $2.34 and $2.46 on revenue ranging from $5.19 billion to $5.24 billion. Wall Street is looking for earnings per share and revenue of $2.48 and $5.26 billion for the year.MIK stock was up 14% as of noon Tuesday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Michaels Earnings: MIK Stock Soars on Q4 Beat appeared first on InvestorPlace.
Michaels Cos. Inc. shares rose 4.3% in premarket trade Tuesday, as better-than-expected quarterly earnings offset guidance that was below consensus. The Irving, Texas-based arts and crafts retail chain said it had net income of $181.4 million, or $1.15 a share, in its fiscal fourth quarter to Feb. 2, down from $202.9 million, or $1.11 a share, in the year-earlier period. Excluding restructuring charges and a tax adjustment, EPS came to $1.44, ahead of the $1.42 FactSet consensus. Sales edged down to $1.789 billion from $1.891 billion, but were also ahead of the FactSet consensus of $1.778 billion. Same-store sales fell 0.4%, compared with the FactSet consensus for a decline of 0.2%. For fiscal 2019, the company is expecting adjusted EPS of $2.34 to $2.46 on sales of $5.19 billion to $5.24 billion. The FactSet consensus is for EPS of $2.48 and sales of $5.246 billion. Shares have fallen 45% in the last 12 months, while the S&P 500 has gained 4.4%.
IRVING, Texas-- -- Fourth quarter comparable store sales decreased 0.4%; on a calendar shifted basis, comparable store sales increased 1.4% Fourth quarter GAAP diluted EPS of $1.15; adjusted diluted EPS of $1.44 Fiscal 2018 comparable store sales increased 0.8% Fiscal 2018 GAAP diluted EPS of $1.86; adjusted diluted EPS of $2.35 The Michaels Companies, Inc. today reported diluted earnings per share ...
On Tuesday, March 19, The Michaels Companies (NASDAQ: MIK ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue The Michaels Companies earnings ...
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NIKE (NKE) witnesses strong earnings trend, owing to smooth progress on Consumer Direct Offense through innovation and digital growth.
Noodles & Company's (NDLS) top line in fourth-quarter 2018 is likely to be driven by sales building initiatives like streamlining of menu and innovation and effective marketing strategy.
Michaels (MIK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Michaels (MIK) is likely to gain from its omni-channel efforts. However, higher expenses might weigh on margins in fourth-quarter fiscal 2018.
Michaels (MIK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Ulta Beauty's (ULTA) fourth-quarter fiscal 2018 results are likely to benefit from solid omni-channel efforts, strength in retail business and sturdy salon operations.