Get Stock Quote Here Pier 1 Imports Inc. (PIR) is a Fort Worth, Texas–based retailer specializing in imported home furnishings and decor, particularly furniture, table-top items, decorative accessories, and seasonal decor. It is publicly traded on the New York Stock Exchange under ticker PIR. According to its investor relations website, "Our image is quirky, and our logo is iconic" and describes itself as "ever-original, ever-evolving".
Pier 1 Imports (PIR) Stock Up in After-Hours Trading as Q4 Results Top Expectations NEW YORK (TheStreet) -- Pier 1 Imports (PIR) shares are rising by 0.82% to $7.40 in after-hours trading on Wednesday, immediately following the home decor and furniture retailer's robust 2016 fourth quarter results. Earnings came in at 39 cents a share, exceeding Wall Street's estimates of 21 cents a share and flat from a year ago. Revenue of $535.7 million also topped forecasts of $524.13 million, but fell from $543.6 million it reported the previous year. Read full article here: http://www.thestreet.com/story/1352...s-trading-as-q4-results-top-expectations.html
PIR tried to break through the 200MA today and could not, but did rise 5.61% as of market close. They beat expectations and jumped in after hours another 5%ish and then dropped down and are now down 5.18% in after hours. Very odd. Expecting this one to be a decent gainer tomorrow after a real good earnings report.
Analyst Upgrade/Downgrade Update Brokerage firm: Telsey Advisory Group Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Market perform Previous Price Target: $5 Current Price Target: $5.50
