Stocks on my radar this AM:
Bed Bath & Beyond
reported third-quarter earnings of $1.23 a share,
including a 4-cent-a-share gain from one-time items, on revenue of
$2.94 billion. Analysts surveyed by FactSet expected $1.20 a share on
revenue of $2.97 billion.
My notes on BBBY:
IV was at two year highs going into this report. It closed at 39, with weekly IV at 134. The stock makes an avg PEM of 3%; max of 5.3%; min 1.4%
raised its 2015 earnings outlook
and said it may further revise its guidance as the launch of its
Hepatitis C treatment progresses. The company is now expecting adjusted
per-share earnings of $4.25 to $4.45 for the year, compared with the
FactSet consensus of $4.34.
ABBV may move based on the thin volume trading yesterday after hours.