Big Cap

7-Year Auction Awarded at 2.426% Tailing with Decent, But Sub-Par, Results

7-Year Auction Awarded at 2.426% Tailing with Decent, But Sub-Par, Results

The Treasury auctioned $32 billion 7-year notes, with the results decent but below average and expectations for a strong showing. The note stopped at 2.426%, tailing from the 2.421% when-issued reported at the deadline as buyers required a higher yield versus 2.281% at the March 28 sale. The sale caps […]

MarineMax Lowers Fiscal 2019 EPS Guidance As Q2 EPS Misses Estimates

MarineMax Lowers Fiscal 2019 EPS Guidance As Q2 EPS Misses Estimates

Shares of MarineMax (HZO) were down more than 15% Thursday after the recreational boat and yacht retailer booked a fiscal Q2 diluted EPS of $0.23, falling from last year’s $0.27 and missing the $0.31 average estimate from analysts polled by Capital IQ. Revenue for the period, meanwhile, increased to $303.6 […]

Hershey’s Stock Surged to Record as Q1 Adjusted EPS, Revenues Beat Forecasts

Hershey’s Stock Surged to Record as Q1 Adjusted EPS, Revenues Beat Forecasts

Hershey Co. (HSY) reported a Q1 adjusted EPS of $1.59, up from $1.41 in the year-earlier period and ahead of Street expectations for $1.46 compiled by Capital IQ. Revenue in the period rose to $2.02 billion from $1.97 billion in the year-earlier period, beating forecasts for $2 billion. The company […]