New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 23, 2013
13:36 EDTSNDKEarnings Preview: SanDisk shares ride market rally into Q4 report
SanDisk (SNDK) is set to report Q4 earnings after the market close on Wednesday, January 23, with a conference call scheduled for 5:00 pm ET. SanDisk is a data storage solutions company that offers flash memory products in removable cards, embedded products, and USB drives... EXPECTATIONS: Analysts are looking for EPS of 76c on revenue of $1.53B, according to First Call. The consensus range for EPS 68c-90c on revenue of $1.5B-$1.59B... LAST QUARTER: SanDisk reported Q3 adjusted EPS of 48c against estimates for 33c on revenue of $1.27B against estimates for $1.22B. During its Q3 earnings call, SanDisk said it sees Q4 revenue of $1.5B, plus or minus $50M, and said it expects solid revenue growth in 2013. On December 20, SanDisk authorized an additional $750M share repurchase program, bringing the total amount authorized for stock repurchases under the company's current program to $1.25B... STREET RESEARCH: Street research has been generally positive on SanDisk since its Q3 earnings report, with shares receiving two upgrades the day after reporting Q3 earnings. Shares were upgraded last week to Buy from Hold at Cross Research. Shares were downgraded at RBC Capital in the week following its Q3 earnings report with a $50 price target. Shares were recommended at Lazard Capital, and then Morgan Stanley, in December and yesterday Jefferies raised their price target on shares to $59 from $51...PRICE ACTION: Shares of SanDisk traded lower following its Q3 report, but have climbed more than $4.50, or more than 10.5%, through December and into January. In afternoon trading ahead of today's Q4 report, SanDisk shares are down about 0.7%.
News For SNDK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent SNDK news | >>
July 23, 2015
08:04 EDTSNDKSanDisk upgraded to Buy from Neutral at BofA/Merrill
Subscribe for More Information
07:54 EDTSNDKSanDisk price target lowered to $68 from $75 at UBS
Subscribe for More Information
07:36 EDTSNDKSanDisk showing good progress, says Stifel
Subscribe for More Information
07:00 EDTSNDKSanDisk upgraded to Buy from Neutral at B. Riley
Subscribe for More Information
05:39 EDTSNDKSanDisk Q2 shows recovery on track, says Piper Jaffray
Piper Jaffray analyst Ruben Roy says SanDisk's Q2 results and guidance indicate the company's second half of 2015 recovery is on track. Inventory levels are back to normal and client SSD revenues are expected to grow following a Q2 trough, Roy tells investors in a post-earnings research note. He lowers his price target for SanDisk to $69 from $74 and reiterates an Overweight rating on the stock.
July 22, 2015
19:02 EDTSNDKOn The Fly: After Hours Movers
Subscribe for More Information
17:33 EDTSNDKMicron advances by 2.33% after SanDisk Q2 results
Subscribe for More Information
17:28 EDTSNDKSanDisk advances 12% after Q2 results, guidance
Subscribe for More Information
17:25 EDTSNDKSanDisk sees Q3 revenue $1.35B-$1.45B, consensus $1.41B
Subscribe for More Information
17:25 EDTSNDKSanDisk backs FY15 revenue view $5.4B-$5.7B, consensus $5.53B.
Subscribe for More Information
17:21 EDTSNDKSanDisk does not expect Toshiba announcement to impact financial results
Subscribe for More Information
17:06 EDTSNDKSanDisk says progressing with qualification of embedded component product
Subscribe for More Information
16:06 EDTSNDKSanDisk reports Q2 non-GAAP EPS 66c, consensus 33c
Subscribe for More Information
15:26 EDTSNDKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Qualcomm (QCOM), consensus 95... American Express (AXP), consensus $1.32... Texas Instruments (TXN), consensus 65c... Las Vegas Sands (LVS), consensus 61c... Crown Castle (CCI), consensus $1.06... Discover Financial (DFS), consensus $1.32... Tractor Supply (TSCO), consensus $1.11... SanDisk (SNDK), consensus 33c... SL Green Realty (SLG), consensus $1.56... Xilinx (XLNX), consensus 54c... Weatherford (WFT), consensus (12c)... F5 Networks (FFIV), consensus $1.60... United Rentals (URI), consensus $1.74... Fortinet (FTNT), consensus 9c... LaSalle Hotel (LHO), consensus 89c... Oceaneering International (OII), consensus 68c... Cheesecake Factory (CAKE), consensus 62c.
15:09 EDTSNDKEarnings Watch: Summit breaks trend with upgrade of Sandisk to Buy
Subscribe for More Information
12:16 EDTSNDKSanDisk technical notes before earnings
Subscribe for More Information
07:10 EDTSNDKSanDisk July weekly volatility elevated into Q2 and outlook
Subscribe for More Information
July 20, 2015
10:00 EDTSNDKOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:13 EDTSNDKSanDisk upgraded to Neutral at Nomura
Subscribe for More Information
06:11 EDTSNDKSanDisk upgraded to Neutral from Reduce at Nomura
1 | 2 | all recent SNDK news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use