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Quiksilver Inc. (ZQK) Is Heading Lower Following Q4 Miss

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Quiksilver Inc. (ZQK: Quote) reported fourth quarter pro forma income of $0.07 per share after the close Thursday, up from $0.05 per share in the previous year. The consensus estimate was for EPS of $0.10. Revenues totaled $558.97 million, up 3 percent from $545.20 million in the comparable quarter last year, while nine analysts expected revenues of $563.91 million. The stock is now down 0.62 on 48K shares.

Quiksilver gapped up slightly Thursday, but traded in a range throughout the session. The stock finished higher by 0.06 at $4.07.

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by RTT Staff Writer

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