plunged as much as 13% following the company's mixed earnings for its fourth quarter and weak first-quarter guidance. The electronics manufacturer reported earnings of 84 cents per share excluding certain items, exceeding the EPS of 77 cents Wall Street expected. Revenue fell short at $1.89 billion, compared to the $1.93 billion analysts expected, according to Refinitiv.
The company plans to "right size the organization" as a result of soft demand for the first half of the fiscal year for 2020, CEO Hartmut Liebel said . Sanmina's board also authorized the repurchase of up to an additional $200 million in common stock.spiked more than 8% during extended trade after the company topped third-quarter earnings estimates on the top and bottom line. The steakhouse restaurant chain posted earnings of 52 cents per share on revenue of $650 million, exceeding the EPS of 46 cents and revenue of $649 million analysts expected, according to Refinitiv.
The company's same store sales increased by 4.4%, while domestic franchise same store sales increased by 3.2%. Investors expected increases of 4.3% and 3.6%, respectively, according to Refinitiv.
I'm not trying it. God only knows what it does to you! It probably alters our own DNA! And besides, it's $8.99 a package. Ground turkey smells like dung but it 'supposedly' is better for the heart.
$TBI up 0.66% after hours
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