Analyst Comments: Citi Trends, Alkermes, Caliper Life Sciences, Allion Healthcare, Banco Bilbao, Nexen Inc.
Citi Trends, Inc. (CTRN) reported better-than-expected fourth quarter earnings per share of $0.59. Management's guidance was $0.42-$0.46 and our estimate was $0.46. The upside was due to a lower-than-expected tax rate and compensation accrual. Even without those two benefits, Citi Trends would have reported earnings at the high end of its EPS guidance. Another positive was inventories, which... [More...]
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