American Greetings Earnings Preview

On Thursday prior the opening bell, small-cap greeting card company American Greetings AM will be reporting its quarterly earnings results. The one Wall Street analyst covering American Greetings has an earnings per share estimate of $0.81 heading into the report. This compares to the $0.78 that the company reported in the year ago period, which exceeded analysts' estimates by $0.71. Over the last 90 days, earnings estimates have fallen $0.10. Revenues are expected to come in at $439.43 million versus the $430.14 million that American Greetings (AM) reported in last year's corresponding quarter. Over the last 3 months, AM shares have lost 18% and year-to-date the stock is down better than 25%. On Tuesday, AM has risen 2.19% to $16.34 amid a strong broad market tape. Traders looking for realtime earnings updates can get a free trial to Benzinga's news feed, Benzinga Pro, here.
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