collected by :Maolly Tony
referring to That was minor compared to the losses booked by Finish Line Inc (NASDAQ: FINL ), GameStop Corp. (NYSE: GME ) and Mylan N.V. (NASDAQ: MYL ) on Friday, however.
Specifically, Abbott sold 44 million shares — almost two-thirds — of the MYL shares it owned.
Sports apparel outfit Finish Line fell short of its fourth-quarter estimates, sending FINL shares to a whopping loss of 19.5%.
Mylan N.V. (MYL)The 1.5% pullback Mylan suffered today wasn’t horrifying, but the backstory is a bit surprising, and a little alarming.
For the quarter ending in February, Finish Line reported income of 50 cents per share versus expectations of 70 cents per share of FINL.
according to Stock Movement: Finish Line shares fell over 11% during pre-market trading hours following the dismal fourth-quarter earnings.
Click to get this free reportThe Finish Line, Inc. (FINL): Free Stock Analysis ReportTo read this article on Zacks.com click here.
The Finish Line, Inc. Price and EPS SurpriseThe Finish Line, Inc. Price and EPS Surprise | The Finish Line, Inc. QuoteEarnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has shown a slight downtrend over the last 30 days.
Zacks Rank: Currently, Finish Line carries a Zacks Rank #3 (Hold) which is subject to change following the earnings announcement.
Key Events: Finish Line repurchased 250,000 million shares worth $4.4 million during the quarter, taking its fiscal 2017 repurchases to $52.8 million.
Finish Line (FINL) to Post Q4 Earnings
The Finish Line, Inc. Price and EPS SurpriseView photosThe Finish Line, Inc. Price and EPS Surprise | The Finish Line, Inc. QuoteFactors Influencing this QuarterFinish Line has underperformed the Zacks categorized Retail – Apparel/Shoe industry in the past six months.
This is not the case here, as you will see below:Zacks ESP: Finish Line currently has an Earnings ESP of 0.00%.
Zacks Rank: Finish Line’s Zacks Rank #3 (Hold) increases the predictive power of ESP.
The Finish Line, Inc. FINL is scheduled to release fourth-quarter fiscal 2017 results on Mar 24.
Fastenal Company FAST, expected to release earnings on Apr 11, currently has an Earnings ESP of +2.17% and a Zacks Rank #3.