Revenue Update on Tile Shop Hldgs(NASDAQ:TTS)

Tile Shop Hldgs(NASDAQ:TTS) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Feb 14, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $76.614M. Analysts estimated a revenue of $78.410M. The revenues were -2.29% below the estimates. Earnings per share were $0.07. The reported EPS was below estimates by -22.22%. Analysts had estimated an EPS of $0.09.

Tile Shop Hldgs (TTS) shares turned negative on Wednesdays trading session with the shares closing down -0.1 points or -0.56% at a volume of 2,27,918. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $18. The peak price level was also seen at $18 while the days lowest was $17.65. Finally the shares closed at $17.9. The 52-week high of the shares is $21.4 while the 52-week low is $12.55. According to the latest information available, the market cap of the company is $924 M.

Several Insider Transactions has been reported to the SEC. On Jan 5, 2017, Robert A Rucker (director 10% owner) sold 50,000 shares at $19.57 per share price.Also, On Nov 18, 2016, Todd Krasnow (director) sold 2,000 shares at $19.26 per share price.On Aug 9, 2016, William E Watts (director) sold 30,000 shares at $17.49 per share price, according to the Form-4 filing with the securities and exchange commission.

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