Tile Shop Hldgs (TTS) Releases Earnings Results, Beats Expectations By $0.03 EPS

Tile Shop Hldgs (TTS) reported quarterly earnings results on Tuesday, Apr-19-2016. The company said it had a profit of $0.14 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.11. The company posted revenue of $84.70 million in the period, compared to analysts expectations of $80.48 million. The company’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.

Many Wall Street Analysts have commented on Tile Shop Hldgs. Northland Capital Initiated Tile Shop Hldgs on Apr 6, 2016 to “Outperform”, Price Target of the shares are set at $19.50.

Tile Shop Hldgs closed down -0.38 points or -2.33% at $15.95 with 9,84,197 shares getting traded on Monday. Post opening the session at $16.2, the shares hit an intraday low of $15.72 and an intraday high of $16.505 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Mar 10, 2016, Peter H Kamin (director) purchased 7,453 shares at $12.62 per share price. According to the SEC, on Mar 8, 2016, Peter J Iii Jacullo (director) purchased 30,000 shares at $13.15 per share price. On Dec 2, 2015, Todd Krasnow (director) sold 10,000 shares at $17.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Tile Shop Hldgs

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