FTD Companies Inc (FTD) Releases Earnings Results, Beats Expectations By $0.01 EPS

FTD Companies Inc (FTD) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $0.43 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.42. The company posted revenue of $338.57 million in the period, compared to analysts expectations of $351.49 million. The company’s revenue was down -7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS.

Many Wall Street Analysts have commented on FTD Companies Inc. FTD Companies Inc was Downgraded by Craig Hallum to ” Hold” on Jul 14, 2016.

FTD Companies Inc closed down -0.16 points or -0.63% at $25.3 with 2,93,080 shares getting traded on Tusday. Post opening the session at $25.51, the shares hit an intraday low of $25.14 and an intraday high of $25.53 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Nov 12, 2015, Robert S Apatoff (CEO) purchased 3,100 shares at $23.91 per share price. According to the SEC, on Nov 10, 2015, Michael J. Silverstein (director) purchased 1,000 shares at $25.19 per share price. On Oct 19, 2015, James T Armstrong (director) sold 333 shares at $28.76 per share price, according to the Form-4 filing with the securities and exchange commission.

FTD Companies Inc. (FTD) is a floral and gifting company. The Company operates through four segments: Consumer Florist International and Provide Commerce. Through its Consumer segment FTD markets floral and gift products for consumers primarily in the United States and Canada. Through its Florist segment the Company offers products and services to its floral network members which include traditional retail florists and other non-florist retail locations primarily in the United States and Canada. The Company’s International segment consists of Interflora Business Unit (Interflora) which operates primarily in the United Kingdom and the Republic of Ireland. Through its Provide Commerce segment FTD markets floral and gift products including gourmet foods personalized gifts and other gifting products for consumers primarily in the United States. The Company operates primarily in the United States Canada the United Kingdom and the Republic of Ireland.

FTD Companies Inc

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