PetSmart Inc. (PETM) Is Sharply Lower On Weak Guidance

By RTT News,  March 07, 2013, 09:36:00 AM EDT


(RTTNews.com) - PetSmart Inc. ( PETM ) reported fourth quarter EPS of $1.24 after the bell Wednesday, up from $0.91 in the prior year period. The consensus estimate was for EPS of $1.21. The company expects to report first quarter EPS of $0.92 to $0.98 and between $3.76 and $3.92 for the full year 2013. The consensus estimates are for EPS of $0.94 and $3.93.

PetSmart gapped open sharply lower Thursday morning and is now down 4.79 at $61.76 on above average volume. The stock has dropped to over a 9-month low.

For comments and feedback: contact editorial@rttnews.com

http://www.rttnews.com


This article appears in: News Headlines

Referenced Stocks: PETM



Latest News Video

Rekindling The Magic Of The Uptown Theater
Rekindling The Magic Of The Uptown ...
Unable To Legally Marry, So Focusing On Children Instead
Unable To Legally Marry, So Focusin...
Unmarried With Children
Unmarried With Children             
Expect Language from Fed on Slowing Down of Asset Purchases
Expect Language from Fed on Slowing...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.529 0.10  0.74%
RAD $ 2.96 0.17  6.09%
WCRX $ 19.85 0.64  3.33%
CSCO $ 23.69 0.55  2.27%
FB $ 25.77 0.48  1.83%
SIRI $ 3.50 unch
MSFT $ 34.851 0.02  0.05%
ELN $ 12.05 0.38  3.26%