3 Stocks Tumbling After-Hours: Rudy Tuesday, Helen Of Troy, Mistras

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U.S. stocks were mixed Thursday as the market anticipated this Friday’s job market data, which many believe will be central to determining if the Federal Reserve will hike interest rates before the end of the year.

After the market closed, Ruby Tuesday, Inc. RT reported its Q1 results. A net loss of $(0.11) per share was larger than many expected – the Street had guided for a net loss around $(0.03) per share. This helped push shares down almost 4 percent.

Also down on its earnings report was Helen of Troy Limited HELE, which tumbled 1.4 percent after the bell rang, even though Q2 EPS of $1.31 beat the Street’s consensus by $0.17, and revenue of $368.17 million came in about $3 million ahead of expectations. Management reaffirmed its fiscal 2017 guidance for adjusted EPS of $5.85 to $6.35.

Yet another decliner was Mistras Group Inc MG, down more than 5.7 percent since the market closed, driven by a revenue miss. While Q1 EPS of $0.22 beat estimates by $0.02, revenue of $168.44 million fell almost $6 million below expectations. In addition, the company cut its fiscal 2017 sales outlook from $720-$735 million, to $690-$705 million. Management also trimmed its EPS guidance from $0.99-$1.12 to $0.88-$0.97, and its adjusted EBITDA prediction from $89-$95 million, to $84-$89 million.

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