Newz(FUL) on Wednesday reported fiscal third-quarter profit of $79.2 million. On a per-share basis, the St Paul, Minnesota-based company said it had profit of $1.44. Earnings, adjusted for one-time gains and costs, came to $1.52 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share. The adhesives company posted revenue of $938.2 million in the period, also topping Street forecasts.
Three analysts surveyed by Zacks expected $934.2 million. Fuller expects full-year earnings in the range of $4.70 to $4.85 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Access a Zacks stock report on FUL at https://www.zacks.com/ap/FUL Source SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Stitch Fix Inc. (SFIX) on Wednesday reported a loss of $2.1 million in its fiscal fourth quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 2 cents. Losses, adjusted for restructuring costs, came to 1 cent per share. The results exceeded Wall Street expectations.
The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. The online clothing styling service posted revenue of $324.4 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $325 million.
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