Eagle Materials (NYSE:EXP) reported quarterly earnings of $2.82 per share which met the analyst consensus estimate. This is a 25.33 percent increase over earnings of $2.25 per share from the same period last year. The company reported quarterly sales of $561.40 million which beat the analyst consensus estimate of $555.67 million by 1.03 percent. This is a 18.00 percent increase over sales of $475.77 million the same period last year.
B. Riley Securities Maintains Buy on Ciena, Lowers Price Target to $64
B. Riley Securities analyst Dave Kang maintains Ciena (NYSE:CIEN) with a Buy and lowers the price target from $67 to $64.