Tile Shop Hldgs (TTS) Releases Earnings Results, Beats Expectations By $0.02 EPS

Tile Shop Hldgs (TTS) announced its most recent quarterly financial results on Tuesday, Oct-18-2016. TTS said it had a profit of $0.10 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.08. The company posted revenue of $78.56 million in the period, compared to analysts expectations of $78.25 million. TTS’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS.

Tile Shop Hldgs opened for trading at $16.25 and hit $16.975 on the upside on Friday, eventually ending the session at $16.65, with a gain of 2.15% or 0.35 points. The heightened volatility saw the trading volume jump to 7,92,762 shares. Company has a market cap of $858 M.

In a different news, on Aug 24, 2016, Todd Krasnow (director) sold 15,000 shares at $17.08 per share price. According to the SEC, on Aug 9, 2016, William E Watts (director) sold 30,000 shares at $17.49 per share price. On Aug 4, 2016, Philip B Livingston (director) purchased 4,920 shares at $16.98 per share price, according to the Form-4 filing with the securities and exchange commission.

Tile Shop Hldgs

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