Investors Ride Michael Kors Holdings and 4 Earnings Rollercoaster Rides

Michael Kors Holdings (NYSE:KORS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 79.41% to $0.61 in the quarter versus EPS of $0.34 in the year-earlier quarter. Revenue Rose 54.51% to $641 million from the year-earlier quarter.

Michael Kors Holdings reported adjusted EPS income of $0.61 per share. By that measure, the company beat the mean analyst estimate of $0.49. It beat the average revenue estimate of $570.52 million.

KORS-2013818

Fossil, Inc. (NASDAQ:FOSL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 18.28% to $1.1 in the quarter versus EPS of $0.93 in the year-earlier quarter. Revenue Rose 11.02% to $706.2 million from the year-earlier quarter.

Fossil, Inc. reported adjusted EPS income of $1.1 per share. By that measure, the company beat the mean analyst estimate of $0.93. It beat the average revenue estimate of $691.2 million.

FOSL-2013818

Cinemark Holdings Inc. (NYSE:CNK) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 60% to $0.18 in the quarter versus EPS of $0.45 in the year-earlier quarter. Revenue Rose 11.7% to $725.6 million from the year-earlier quarter.

Cinemark Holdings Inc. reported adjusted EPS income of $0.18 per share. By that measure, the company missed the mean analyst estimate of $0.51. It beat the average revenue estimate of $710.81 million.

CNK-2013818

Arcos Dorados Holding Inc (NYSE:ARCO) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 33.33% to $0.04 in the quarter versus EPS of $0.06 in the year-earlier quarter. Revenue Rose 9.4% to $989.2 million from the year-earlier quarter.

Arcos Dorados Holding Inc reported adjusted EPS income of $0.04 per share. By that measure, the company missed the mean analyst estimate of $0.07. It missed the average revenue estimate of $995.32 million.

ARCO-2013818

Harman International Industries Inc. (NYSE:HAR) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 35.82% to $0.91 in the quarter versus EPS of $0.67 in the year-earlier quarter. Revenue Rose 8.36% to $1.18 billion from the year-earlier quarter.

Harman International Industries Inc. reported adjusted EPS income of $0.91 per share. By that measure, the company beat the mean analyst estimate of $0.86. It beat the average revenue estimate of $1.14 billion.

HAR-2013818

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