(GYMB) Analysts Raise Gymboree Corporation

Gymboree Corp/ (GYMB) drastically raised its earnings guidance for the second quarter.

On Aug 19th the children’s retailer reported quarterly results that included earnings of $12.2 million, up from $8 million last year. This equates to 41 cents per share, topping estimates by 3 cents.

This was the company’s fifth consecutive earnings surprise.

Analysts Reacting

All 9 analysts polled by Zacks have raised estimates for this year and 8 have for next year. The consensus for the current fiscal year is now $3.29, up from $3.03 since the report.

Forecasts for next year are averaging $3.61, up from $3.29. These levels represent growth rates of 3% and 10%, respectively.

The Chart

Share of GYMB continue to please investors with another favorable response to the company’s quarterly report.

Zacks Investment Research
View original at: Zacks.com News Feed

More on this topic (What's this?)
Gymboree (GYMB): Apparel profits
Option Watch
Read more on Gymboree at Wikinvest

Related Posts:

  1. ($LFT) Longtop Financial Tech. – all 4 analysts providing estimates for 2010 raise their forecastsLongtop Financial Technologies, Ltd (LFT) topped analyst estimates and investors continue to flock to Chinese...
  2. (GYMB) Gymboree Corp. – Aggressive Growth – Zacks Rank BuyGymboree Corp (GYMB) drastically raised its earnings guidance for the second quarter. On July 9th...
  3. (GYMB) The Gymboree Corporation – Value – Zacks Rank BuyThe Gymboree Corporation (GYMB), the children’s retailer, has a streak of 4 consecutive earnings surprises...
  4. (GYMB) Gymboree Corp. – Aggressive Growth – Zacks Rank BuyGymboree Corp (GYMB) is on fire after a solid quarterly report proceeded by excellent sales...
  5. (FDO) – Family Dollar Stores – Analysts Raise Estimates for the Fourth Quarter and the YearBucking the trend, Family Dollar Stores is thriving in a tough retail environment. The company...
  6. (UNF) – UniFirst Corp – Analysts Raise Estimates for the Fourth QuarterUniFirst reported a record third quarter as the uniform manufacturing and laundry business remains hot....


Search Posts by Tag: | | Apparel Stores | Services

RSS Feeds by Tag: GYMB | Gymboree Corp. | Apparel Stores | Services |

Other Posts by: | RSS Feed for this author