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Trader's Watch List: American Airlines Group Inc (NASDAQ:AAL), Cabelas Inc (NYSE:CAB), JAKKS Pacific, Inc. (NASDAQ:JAKK)

Trader's Watch List: American Airlines Group Inc (NASDAQ:AAL), Cabelas Inc (NYSE:CAB), JAKKS Pacific, Inc. (NASDAQ:JAKK)
Written by
Joel Najarian
Published on
October 23, 2014
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American Airlines Group Inc (NASDAQ:AAL) has reported Q3 results that topped the Street view on EPS with revenues in line with expectations. The company reported Q3 EPS of $1.66, beating analyst estimates of $1.64. Total revenues of $11.13 billion were up from $6.82 billion in Q3 2013 and in line with analyst expectations of $11.13 billion. "We anticipate we will also post a record profit for both the fourth quarter and full year 2014," said Chairman and CEO Doug Parker. The company will provide updated guidance following today's investor conference call. Shares of American Airlines Group Inc (NASDAQ:AAL) are trading within a 52-week range of $21.45 - $44.88.Cabelas Inc (NYSE:CAB) reported fiscal Q3 results that missed analysts' estimates and as it cut its guidance for the full year. The specialty retailer of hunting, fishing, camping and related outdoor merchandise said adjusted earnings in the quarter ended Sept. 27 rose 17.4% to $0.81 but were well short of the $0.86 average estimate from analysts polled by Capital IQ. Revenue rose 4.1% to $886 million, also missing the $928.5 million consensus.Reported net income rose to $53.8 million or $0.75 per diluted share from $49.9 million or $0.70 a year ago while comparable store sales dropped 11.2%. Direct revenue fell 11.7%, primarily attributable to a greater than expected decline in ammunition and shooting related products versus last year's surge levels. "In light of the slower than expected rebound from the surge, we are adjusting our full year guidance," Cabelas Inc (NYSE:CAB) CEO Tommy Millner said in a statement. Millner said Q4 comparable store sales are now expected to fall by a mid-single digit rate and total revenue to grow at a high single digit rate. Adjusted EPS is seen between $3.10 and $3.20, well below the $3.57 consensus estimate.JAKKS Pacific, Inc. (NASDAQ:JAKK) reported Q3 earnings that topped forecasts and the toy company raised its full-year sales and profit guidance significantly above estimates. Reported net income increased 16% to $44.1 million, or $1.03 per diluted share, up from net income for 2013 of $36.6 million, or $1.11 per diluted share. Analysts had expected $0.99. Net sales for the third quarter of 2014 increased to $349.4 million, up 12% from net sales of $310.9 million reported in the comparable period in 2013 and ahead of the $322 million analysts had expected.JAKKS Pacific, Inc. (NASDAQ:JAKK) expects full year sales to be in the range of $750 million to $760 million, an increase from its previously issued guidance of net sales in the range of $660 million to $670 million, and above estimates for $668 million. It sees earnings in the range of $0.64 to $0.67 per diluted share, double expectations of $0.33. The company's previous reported earnings guidance was in the range of $0.20 to $0.30 per diluted share. The shares recently traded at $9.08 nearing the top of a 52-week range of $4.82 - $9.48.

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