News Summary

Shares of Zale Corp ZLC surged about 13.5% after the retailer reported its FQ2 profit at $27.2 million, or $0.73 per share, versus $6.66 million, or $0.21 per share, in the year-earlier period. Excluding a loss from discontinued operations, the company's earnings came in at $0.74 per share. ZLC's sales increased to $626.4 million from $582.3 million. The retailer's same-store sales increased 7.9%. Shares of DirecTV DTV rose about 5.5% after the company swung to a Q4 profit of $618 million, or $0.74 per share, from a loss of $32 million, or $0.03 per share, in the year-ago period. The company's revenue increased to $6.62 billion from $5.98 billion. However, analysts were expecting earnings of $0.63 per share on revenue of $6.52 billion. Shares of Dollar Tree Inc DLTR fell about 2.2% after the company posted its Q4 net income at $162.5 million, or $1.29 per share, compared with $135 million, or $1.01 per share, in the year-earlier period. DLTR's revenue increased to $1.73 billion from $1.56 billion. However, analysts were expecting earnings of $1.27 per share on revenue of $1.75 billion. Dollar Tree projected its Q1 earnings of $0.71 to $0.77 per share, versus analysts' estimates of $0.73 per share. Read more from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceRetail SalesIntraday UpdateMarketsNews Summary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!