Sector Update: Consumer

By Staff,

Shutterstock photo

Consumer shares are fairly flat in pre-bell trading today.

Green Dot ( GDOT ) reports Q3 EPS of $0.24, vs. the analyst consensus of $0.21 per share on Capital IQ. Revenue was $136.5 mln, vs. expectations of $137 mln.

For 2013, the company expects EPS of $1.10 to $1.20 on revenue of $575 to $580 mln. The Street view is $1.17 per share in earnings on revenue of $573 mln.

And, Drew Industries ( DW ) said its Q3 net income jumped to $0.62 per share from $0.43 the year earlier coming in well ahead of the $0.54 average Capital IQ analyst estimate. Revenues rose 11% to $251 million, but missed the consensus $254 million estimate.

The provider of components for makers of recreational vehicles and manufactured homes also said that its October net sales rose 12% from the same period a year ago, helped by "solid growth" in the RV segment.

DW closed lower 0.22% yesterday. It is trading near the top-end of the 52-week range between $28.38 and $52.36.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: DW , GDOT

More from MT Newswires


MT Newswires

MT Newswires

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by