Krispy Kreme Doughnuts (KKD) Scheduled to Post Quarterly Earnings on Monday
Krispy Kreme Doughnuts (NYSE:KKD) will issue its quarterly earnings data on Monday, June 2nd. Krispy Kreme Doughnuts has set its FY15 guidance at $0.73 to $0.79 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
Krispy Kreme Doughnuts (NYSE:KKD) last announced its earnings results on Wednesday, March 12th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.01. The company had revenue of $112.70 million for the quarter, compared to the consensus estimate of $119.59 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was down 4.6% on a year-over-year basis. On average, analysts expect Krispy Kreme Doughnuts to post $0.78 EPS for the current fiscal year and $0.93 EPS for the next fiscal year.
Shares of Krispy Kreme Doughnuts (NYSE:KKD) opened at 18.99 on Friday. Krispy Kreme Doughnuts has a 52 week low of $15.35 and a 52 week high of $26.63. The stock’s 50-day moving average is $17.97 and its 200-day moving average is $19.16. The company has a market cap of $1.245 billion and a price-to-earnings ratio of 39.77.
On a related note, analysts at Sidoti upgraded shares of Krispy Kreme Doughnuts from a “neutral” rating to a “buy” rating in a research note on Thursday, May 1st. They now have a $22.00 price target on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Krispy Kreme Doughnuts currently has an average rating of “Buy” and a consensus price target of $23.07.
In other Krispy Kreme Doughnuts news, SVP Michael Bradley Wall unloaded 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $19.00, for a total value of $209,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Krispy Kreme Doughnuts, Inc (NYSE:KKD) is a retailer and wholesaler of doughnuts complementary beverages and treats and packaged sweets.
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