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Stock Market & Financial Investment News

News Breaks
January 7, 2014
09:18 EDTOUTROuterwall Redbox Q4 revenue likely to be above previous estimate, says Northland
Northland Securities believes that revenue from Outerwall's Redbox business should be up 1.5% quarter-over-quarter, slightly above the firm's previous estimate of about $492M. However, the firm warns that the company could provide cautious Q1 guidance due to the Winter Olympics, and it expects the company's Q1 revenue to miss the consensus estimate. Nonetheless the firm keeps a $78 price target and Outperform rating on the stock.
News For OUTR From The Last 14 Days
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April 10, 2014
16:37 EDTOUTRJana Partners cuts stake in Outerwall to 4.9% from 8.4%
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April 7, 2014
09:21 EDTOUTROuterwall Q2 revenue guidance could miss consensus, says Northland Securities
Northland Securities believes that Outerwall's Q2 sales guidance could be conservative and below consensus, as the firm thinks that Q2 is on track to be one of the weakest quarters for domestic box office revenue in a few years. The firm expects Redbox's performance in Q1 to be solid, however. It keeps a $75 price target and Market Perform rating on the shares.
April 2, 2014
08:17 EDTOUTROuterwall Q1 results should be solid, Q2 weak, says Pacific Crest
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