Sector Update: Consumer

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Consumer shares were mixed in pre-market trade Friday.

In consumer sector news, Ruth's Hospitality ( RUTH ) reported mixed financial results for Q4, with earnings that topped analysts' expectations while revenue fell short.

Net income was $4.2 million, or $0.12 per diluted share, in the quarter compared with net income of $3.7 million, or $0.10 per diluted share, in the same quarter in 2012.


Excluding charges and income from discontinued operations, Q4 earnings were $0.21 per share, ex one-time items, compared with the Capital IQ analyst estimate of $0.18. In the prior-year period, the company posted $0.18 EPS.

And, post-secondary education services provider Strayer Education Inc. ( STRA ) says Q4 2013 adjusted diluted EPS was $1.32 versus the Capital IQ consensus of $0.98.

Revenue totaled $124.1 million, down 13% from last year's $141.9 million. The average analyst estimate was $119 million, according to Capital IQ.

Finally, 500.com ( WBAI ) reported Q4 net revenues rose year-over-year.

Non-GAAP earnings were $0.15 per ADS and revenue was $15.9 million, up 38.9% quarter-over-quarter. The Street consensus was $0.12 per ADS in earnings on revenue of $15.4 million.



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

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This article appears in: Investing , Commodities

Referenced Stocks: RUTH , STRA , WBAI

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