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Callaway Golf Co. (NYSE:ELY) sees 2015 constant currency EPS 28c-38c, consensus 8c; Great Panther Silver Ltd (NYSE:GPL), Nexstar Broadcasting Group, Inc. (Nasdaq:NXST)

By Peter Morris January 30, 2015
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Callaway Golf Co. (NYSE:ELY) sees 2015 constant currency EPS 28c-38c, consensus 8c. Sees 2015 GAAP EPS (9c)-1c. The company estimates EPS will decline significantly - solely as a result of adverse changes in foreign currency exchange rates as compared to 2014. On a constant currency basis, sees EPS increasing 40%-90%. Sees 2015 constant currency revenue $895M-$920M, sees GAAP revenue $855M - $880M. Consensus for 2015 revenue is $887.01M. The company estimates that its 2015 net sales will decline 1%-4% due to significant changes in foreign currency rates compared to 2014. ELY closed for the day at $7.81 with a change of $0.03. Trailing 12 month’s profit margin for ELY is 0.92% and for the same period, its operating margin is 3.58%.

 

Great Panther Silver Ltd (NYSE:GPL) reports GMC mineral resource estimates. Great Panther Silver announces an updated Mineral Resource Estimate at the company's wholly-owned Guanajuato Mine Complex, or GMC, in Guanajuato, Mexico, including updates on the Guanajuato, or GTO, and San Ignacio, or SI, Mines and the El Horcon Project. The updated Mineral Resource Estimate does not include the most recent drill results at San Ignacio and the discovery of high grade silver-gold mineralization to the south of the existing resource block. GPL is part of the Basic Materials sector in Silver industry. The stock closed for the day at $0.67 with a change of $0.04 or 6.24%.  GPL traded in a range of $0.66 to $0.72 through the day. The stock’s 52 week range is $0.55 to $1.49.

 

Nexstar Broadcasting Group, Inc. (Nasdaq:NXST) extends contract of CEO Perry Sook through January 2019. Nexstar Broadcasting Group announced that its board has extended the employment agreement of president and CEO, Perry A. Sook through January 15, 2019. The extension supersedes Sook’s prior employment agreement, which was to conclude in 2016. In addition to his responsibilities as president and CEO, Sook also serves as the company’s chairman, and has held all three positions since founding the company in 1996. The closing for NXST was $51.22 at the day’s end. It was a change of $0.25. NXST saw a market cap of $1.58B and its Trailing P/E was 74.34.

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By Peter Morris January 30, 2015
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