Thursday, February 12, 2015

GNC Stock Advancing Today as Earnings Beat Analysts’ Forecasts

NEW YORK (TheStreet) -- Shares of GNC Holdings Inc. are gaining by 10.24% to $47.79 in early afternoon trading on Thursday, following the release of the health and wellness company's 2014 fourth quarter earnings results which topped analysts' estimates. The vitamins and supplements retailer said its adjusted net earnings for the most recent quarter were 61 cents per share compared to the 59 cents per share analysts were expecting. GNC's consolidated revenue was $607.2 million versus the $599.37 million analysts had predicted for the quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. For fiscal 2015 GNC is guiding for earnings between $3.10 and $3.15 per share. Analysts have guided for $3.15 per share for the fiscal year. Separately, TheStreet Ratings team rates GNC HOLDINGS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate GNC HOLDINGS INC (GNC) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income." You can view the full analysis from the report here: GNC Ratings Report GNC data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.


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