Sells ICON 7.90 in pre-market

I was in at $5.83 so still a 35% profit.

28-Mar-16 16:40 ET
Iconix Brand misses by $0.02, reports revs in-line; guides FY16 EPS below previous guidance, revs in-line  (8.14 +0.19)
  • Reports Q4 (Dec) earnings of $0.25 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of $0.27; revenues fell 1.4% year/year to $94.65 mln vs the $94.65 mln Capital IQ Consensus.
  • Co issues guidance for FY16, sees EPS of $1.15-1.30, excluding non-recurring items, vs. $1.43 Capital IQ Consensus Estimate; sees FY16 revs of $370-390 mln vs. $374.12 mln Capital IQ Consensus Estimate.
  • On Feb 18th, Co reaffirmed their guidance for FY16 adj EPS of $1.35-1.50 & $370-390 mln for revs.
  • Plan to file 10-K for the year ended December 31, 2015 on March 30, 2016
  • Courtesy of Briefing.com

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