Paxar (PXR) reported earnings today, which were basically right on expectations (39 cents a share, or 35 cents a share after special one-time charges). Revenues were not much changed from the previous quarter and only a little bigger than the previous year. The stock saw a little softness in price after the announcement (down a dime or so) but recovered nicely and was up 30 cents after the market closed.
Blackboard (BBBB) reported cash earnings per diluted share of 22 cents. Revenues were up 540% over last year and up 26% from the previous quarter. Share price hasn't budged, though, which tells me the good news was basically already "priced into" the stock.
I'll be holding the BBBB for at least a year. The PXR I'm less sure of but I'll hold it for at least another quarter.
I'm a little concerned about New York & Co. (NWY) -- it's been trending downward for several days now (down 21 cents today, nearly another 1%), and I haven't really seen any reason why. It's probably just normal volatility, but I'll be watching it closely. They report in a couple weeks.
Posted by kindall at August 2, 2005 10:52 AM