Shutterfly Inc. (SFLY) reported fourth quarter EPS of $2.63 after the close Wednesday, compared to $3.57 in the prior year. Analysts expected EPS of $2.84. The company expects to report a first quarter loss of $1.00 per share to $0.95 per share. Full year EPS is expected to be between $0.45 and $0.80. Street expectations are for a loss of $0.84 and a profit of $1.19.
Shutterfly has gapped open sharply lower Thursday morning and is now down 8.87 at $42.90 on above average volume. The stock has tumbled to a 3-month low.
by RTT Staff Writer
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