Market Overview

Earnings Recap For March 16

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Jabil Circuit, Inc. (NYSE: JBL) reported earnings of $0.57 per share, $0.02 below the Street’s consensus. Revenue of $4.404 billion also came in lower than estimates of $4.535 billion.

Actuant Corporation (NYSE: ATU) posted earnings of $0.21 per share, $0.03 above the Street’s consensus. Revenue of $263.29 million, however, came in below expectations for $266.99 million.

Herman Miller, Inc. (NASDAQ: MLHR) delivered earnings of $0.46 per share, above the Street’s consensus of $0.39 per share. Revenue of $536.5 million, nonetheless, missed expectations for $543.7 million.

Abraxas Petroleum Corp. (NASDAQ: AXAS) retrieved a net loss of $(0.02) per share, $0.02 better than what the Street expected. However, revenue of $13.35 million missed estimates of $17.58 million.

FedEx Corporation (NYSE: FDX) reported earnings of $2.51 per share, considerably above the Street’s consensus of $2.33 per share. Revenue of $12.654 billion also came in ahead of expectations for $12.264 billion.

Guess?, Inc. (NYSE: GES)’s earnings of $0.57 per share, missed the Street’s consensus by $0.01. Revenue of $658.3 million came in $710,000 above expectations.

Williams-Sonoma, Inc. (NYSE: WSM) delivered earnings of $1.55 per share, $0.03 below the Street’s consensus. Revenue of $1.59 billion also missed expectations by $30 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

 

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